Freight Forwarders Call For Clarity On 51 Bumiputera Rule


 
The freight forwarders federation has questioned whether owners are willing to lose control over their firms.PETALING JAYA: An association of freight forwarders has urged the government to clarify its position on Bumiputera equity in logistics companies, with only months left before an end-of-year deadline.
Instead, the Federation of Malaysian Freight Forwarders has proposed that the requirement – possibly calling for a 51% Bumiputera ownership of their companies – be deferred to the end of next year.
The federation’s president Alvin Chua said former prime minister Najib Razak had announced a revision of Bumiputera equity requirements in 2018 and said it would be reviewed again at the end of 2020. However, that has yet to materialise.
In a letter dated Sept 18 to the government, Chua said the finance ministry had stated in January that all Customs brokerage licence holders must comply with Bumiputera equity requirements, but did not set any figure.
“It is already September 2021 and the deadline to comply is Dec 31,” he said in his letter to the international trade and industry ministry.

He said the lack of a final decision on the equity requirement, while the deadline draws nearer, was unfair to freight companies which must renew their Customs brokerage licenses by year end.
He said freight companies would have difficulty in meeting a 51% requirement in such a short time, and questioned whether there would be investors willing to take up the equity. “Or would Bumiputera investors prefer much safer investments?” he said in the letter to the ministry.
“Selling 51% of the business also means that the present owner can no longer control and run his business. If we can’t find Bumiputeras to actually invest in the companies before the Dec 31 deadline, it means that all the logistics companies with Customs brokerage licenses would close down,” he said.
Licences registered before 1976 do not have a Bumiputera equity requirement, while a 30% quota is imposed on those registered between 1976 and 1990, and a 51% Bumiputera requirement for licences registered after 1990. No Bumiputera equity is required for licenses held by integrated international logistics services providers. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2021/09/freight-forwarders-call-for-clarity-on.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+M

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Mof Agrees To Postpone Bumiputera Ownership Requirement For Freight Forwarders

Mof Agrees To Postpone Bumiputera Ownership Requirement For Freight Forwarders

papar berkaitan - pada 24/9/2021 - jumlah : 298 hits
MoF agrees to postpone Bumiputera ownership requirement for freight forwarders The Finance Ministry has agreed to postpone the enforcement of Bumiputera ownership requirements for freight forwarding companies in order to review regulations ...
Minister Confirms Freight Forwarders Bumi Equity Rule Postponed To End 2022

Minister Confirms Freight Forwarders Bumi Equity Rule Postponed To End 2022

papar berkaitan - pada 28/9/2021 - jumlah : 322 hits
PARLIAMENT Finance Minister Tengku Zafrul Abdul Aziz has confirmed that the implementation of a bumiputera equity rule for freight forwarders involved in international services has been postponed until the end of 2022 Zafrul told the Dewan ...
Freight Forwarders Asked To Disappear In Order To Feed Unsuccessful Entrepreneurs

Freight Forwarders Asked To Disappear In Order To Feed Unsuccessful Entrepreneurs

papar berkaitan - pada 30/9/2021 - jumlah : 184 hits
This move this brazen action has no balance It is the very definition of imbalance It is akin to the local gangster taking over the store you built over the years with blood sweat and tears with the excuse it would really improve his bank b...
Some 30k Civil Servants Yet To Register For Covid 19 Vaccination Cuepacs

Some 30k Civil Servants Yet To Register For Covid 19 Vaccination Cuepacs

papar berkaitan - pada 17/9/2021 - jumlah : 896 hits
Some 30 000 civil servants have yet to register for Covid 19 vaccination and the Congress of Unions of Employees in the Public and Civil Services has urged them to sign up soon to help the government achieve herd immunity before next year I...
Retrospective 51 Bumi Rule On Freight Firms Unconstitutional Says Guan Eng

Retrospective 51 Bumi Rule On Freight Firms Unconstitutional Says Guan Eng

papar berkaitan - pada 23/9/2021 - jumlah : 418 hits
It is unfair to those who have built and invested in the companies over many years based on existing conditions only for them to be abruptly changed without due recourse Lim Guan Eng says he rejected the proposal to enforce the 51 Bumiputer...
Freight Forwarders And Bumi Equity Looking Beyond Headlines

Freight Forwarders And Bumi Equity Looking Beyond Headlines

papar berkaitan - pada 26/9/2021 - jumlah : 228 hits
MP SPEAKS When issues to do with bumiputera equity hit the headlines most people will make a judgement about the issue before even reading the content of the news article in question So when concerns over the issue of bumiputera equity rega...
Pm Says Ma63 Issues Will Be Resolved Announces Over Rm9bil Allocation For Sabah And Sarawak

Pm Says Ma63 Issues Will Be Resolved Announces Over Rm9bil Allocation For Sabah And Sarawak

papar berkaitan - pada 17/9/2021 - jumlah : 359 hits
KOTA KINABALU The Federal Government is committed to resolving issues with Sabah and Sarawak under the Malaysia Agreement 1963 says Prime Minister Datuk Seri Ismail Sabri Yaakob The government gives the assurance that it will resolve issues...
Cinemas In Sabah To Reopen On Saturday For The Fully Vaccinated

Cinemas In Sabah To Reopen On Saturday For The Fully Vaccinated

papar berkaitan - pada 17/9/2021 - jumlah : 415 hits
Sabah Covid 19 spokesman Datuk Seri Masidi Manjun NSTP file picKOTA KINABALU The Sabah government has decided to allow cinemas in the state to resume operations on Saturday State Covid 19 spokesman Datuk Seri Masidi Manjun said it was in li...
10 Essential Things For Your Garage A Practical Guide

10 Essential Things For Your Garage A Practical Guide

papar berkaitan - pada 17/9/2021 - jumlah : 302 hits
Whether you are moving into a new house or looking for upgrading your current garage to a new level all you need are certain must haves that you can t do without Equip your garage with these 10 essentials and say goodbye to messy and low ef...
Gesaan Malaysia Kepada Kesepaduan Asean Elak Kesan Buruk Tarif As Pm Anwar

Prk Dun Ayer Kuning Faktor Calon Sukarkan Pas

Tasik Kenyir Jana Ekonomi Terengganu

Anak Buah Terpaling Kecil

Pesta Buku Antarabangsa Kuala Lumpur 2025

Beli Barang Atas Dasar Buatan Bangsa Pilihan Atau Sebab Memang Nak Pakai Barang Tu

Raya Di Teratak Kecil Nieyl

Bab 4 April 2025


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


15 Restoran Chinese Muslim Sekitar Kuala Lumpur Selangor

China Bertindak Balas Naikkan Tarif Terhadap As Sebanyak 84

Hari Raya Kedua

Flying Somewhere You May Finally Need That Real Id

Cerita 1 Syawal Sa

Rasa Dia Lama Dah Bodonya