Race shouldn’t matter, only good business acumen should, groups tells Putrajaya

[superadmin]

KUALA LUMPUR, Dec 6 — The government should provide business owners with the knowledge and know-how to run a business well if it plans on aiding future business owners.

In a joint statement today, Malaysia Shopping Malls Association and Malaysia REIT Managers Association said this method is better than giving special allocation for spots in shopping malls.

“Forced location and mis-fitting retailers in the shopping mall and retail industry without in-depth

consideration will not only disadvantage and burden the recipient but will harm the entire synergistic structure of the retail cluster.

“It will be more positive and progressive for the government to provide the requisite assistance to prepare the candidate for the retail business and equip him with the necessary knowledge and management skills before embarking into the venture,” they said.

Yesterday, Prime Minister Datuk Seri Ismail Sabri Yaakob said the government is proposing a quota for Bumiputera-owned businesses in strategic locations such as shopping malls as part of efforts to increase the community’s participation in the economy.

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