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Topic: Bumiputra

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	Bumiputra (Site not responding. Last check: 2007-11-02)
		Bumiputra (translated literally, it means "princes of the Earth") is an official definition widely used in Malaysia, embracing ethnic Malays as well as other indigenous ethnic groups.
		It is generally considered that all Malays are bumiputra and that all bumiputras are Malay.
		Bumiputras are also traditionally charged less for purchases like houses or cars compared to those of other races in Malaysia.
	bopedia.com /en/wikipedia/b/bu/bumiputra.html (324 words)

	The Rebel Cleric (Site not responding. Last check: 2007-11-02)
		Bumiputra then turned to those who stood near and around him; a very sparse crowd at the back; two friends from two different parts of the kampong, they met, whispering under their breath, trying very hard not to smile at each other’s jokes.
		Moving away from the crowd, Bumiputra entered the mosque from one of the opened doors at the side of the building; right foot first, and then a short prayer; and he walked across the thick, lush yellow carpet and towards the left wing of the mosque where the small wooden room was attached to.
		Standing at the door, Bumiputra looked at the others who were also in the small room; there were about six or seven of them, mostly adult men in clean, white robes, they looked like operating-room surgeons if not for the heavy turbans and the long faces.
	www.tc.umn.edu /~moha0117/rebelcleric.htm (1353 words)

	The Hindu Business Line : Affirmative action: The Malaysian case
		The first was a simple policy of requiring enterprises to ensure that the ethnic composition of the workforce is as close as possible to the ethnic composition of the population.
		As for the second, in addition to insisting that public universities reserve 60 per cent of seats for the bumiputras, the State spent liberally and sent bumiputra scholars to leading universities in the United States, the UK and Australia.
		Even more pertinent is the critical view that the very success of the bumiputra has now created an economically and demographically minority community in Malaysia, the descendants of the Indian working class who slogged on the Malaysian plantations and contributed to the wealth of the British colonial masters as well as Malaysia in general.
	www.blonnet.com /2006/05/02/stories/2006050200080800.htm (1283 words)

	Fitch IBCA Ratings - Press Releases -Malaysia's Bank of Commerce On RatingAlert Neg; Bank Bumiputra's Ratings
		Bank Bumiputra's Individual rating of 'E' was affirmed by the agency, despite the bank's announcement that it was recapitalised by the Malaysian government.
		Bank Bumiputra Group's pre-tax loss of MYR 1.4 bln, announced today, was within the agency's expectations; the government's subsequent recapitalisation of the bank was necessary since its risk-weighted capital adequacy ratio of 6.5% at end-March 1998 was 1.5% below the central bank's minimum requirement.
		With regard to the announcement that Bank Bumiputra Malaysia and Commerce Asset Holdings are to merge, the agency said that this development could be negative for Bank of Commerce, depending on the charter of the merged entity and the amount of equity injected by the government.
	www.bradynet.com /e464.html (557 words)

	Ownership and Control of Malaysian Industry and Business Services:
		Bumiputra direct ownership in the 1993 was 6.3 percent, but the unit trusts, which were primarily designed to provide bumiputras with share ownership, accounted for another 17.6 percent bringing the bumiputra total to 23.9 percent in the 1993.
		However, if the favored bumiputras were to always realise their profits quickly by turning around and selling off the discounted shares that they had just received (an action engaged in by quite a number), then the 30 percent target of bumiputra ownership would be very difficult to achieve.
		Of course, the return of foreign capital is fundamentally conditional on the underlying social stability in Malaysia not being affected by the current Mahathir-Anwar political fight. Another long-run issue, which matches the importance of the foreign investors’ response, is the use of bailouts in the reflation.
	www.econ.ucdavis.edu /faculty/woo/davosmal.html (8030 words)

	Fitch IBCA Ratings - Press Releases - Fitch IBCA Affirms Ratings For Malaysia's Bank of Commerce: Bank Bumiputra Put On ...
		Under the agreement, Commerce Asset Holdings will acquire the commercial banking assets of Bank Bumiputra, after all non-performing loans are removed and transferred at face value to a unit of Danaharta, the government agency established to buy non-performing loans from commercial banks.
		Since the Government's direct ownership of Bumiputra Commerce Bank will be only about 30 percent, Fitch IBCA is of the opinion that this is much less likely to occur.
		Bumiputra Commerce Bank will, however, inherit some negative aspects of Bank Bumiputra such as its high cost structure and poor market image.
	www.bradynet.com /e580.html (501 words)

	AAR: Publication: Focus on South East Asia
		The Bumiputra policy was initially planned for a twenty year period, but will now be in place for at least forty years.
		The failure to reach the 30% target of Bumiputra equity holdings is due partly to the Asian economic crisis which saw foreigners boost their equity holdings at the expense of the Bumiputra.
		The government is expected to continue to push Bumiputra into tertiary and higher education so that their representation in all professions will reflect the population distribution (which is projected to be 68.3% Bumiputra by 2010).
	www.aar.com.au /pubs/asia/foseajul01.htm (2078 words)

	Malaysia: Bumiputra
		Bumiputra or Bumiputera (Sanskrit, translated literally, it means "sons of the Earth"; Malay, translated literally, it means "princes of the Earth"), is an official definition widely used in Malaysia, embracing ethnic Malays as well as other indigenous ethnic groups.
		In practice, however, the term Bumiputra was probably created to address collectively the group described in article 153 of the Malaysian Constitution.
		Bumiputra privileges and quotas are based on article 153 of the constitution which states that : 'It shall be the responsibility of the Yang di Pertuan Agong to safeguard the special position of the Malays and the legitimate interests of other communities in accordance with the provisions of this Article'.
	www.payer.de /arbeitkapital/arbeitkapital030607.htm (3712 words)

	Banking Problems in M'sia - Asia Finest Discussion Forum (Site not responding. Last check: 2007-11-02)
		However, there seem to be a conspiracy where Bumiputra's investment banking group, CIMB claimed that Goldman Sachs, may have broken Malaysian law by coming out with a supposedly unauthorised valuation of SBB as a business.
		Accd to a 1998 source (I know it is pretty old news), Bumiputra has been bailed out by the government 3 times totalling up to 2.6bn ringgit.
		In the case of Bumiputra Comm and SBB, SBB is doing good for the past few yrs.
	www.asiafinest.com /forum/index.php?showtopic=55316 (1552 words)

	Commanding Heights : Malaysia Political \| on PBS
		1971-1974: The NEP mandates affirmative action for ethnic Malays with the goal of 30 percent Bumiputra ownership of corporate wealth by 1990.
		A locally educated Bumiputra, he advocates Malaysian self-reliance and assertiveness.
		The split is fueled by a rift between Mahathir and the UMNO old guard, including two former prime ministers.
	www.pbs.org /wgbh/commandingheights/lo/countries/my/my_political.html (543 words)

	Lim Kit Siang » Blog Archive » Bumiputra equity - Will Asli buckle under to pressure to apologise and ...
		•the target of 30% equity share for bumiputras had been achieved by the end of the 20-year NEP in 1990, if the Malays had not sold off their share ownerships from bumiputra quotas for quick capital gain and shares held by nominee companies which were mainly bumiputra interests had been taken into consideration.
		As there is dispute about the different methodologies used by EPU and CPPS in their different studies, the controversy should be resolved in an intellectual and professional manner with the publication of the methodology used by each and not on who has the louder voice and bigger muscle.
		What’s wrong with the Bumiputras to the extent that they still need crutches(now with auto drive)to succeed?The majority of non malays had nothing too but with sheer hard work,determination,dedication and integrity with lots of sacrifice have been able to earn an honest living.There were no handouts,no special treatment or crutches for that matter.
	blog.limkitsiang.com /?p=760 (6345 words)

	Asiaweek.com \| Financial 500 1999: First Off the Blocks \| 09/10/99
		State-owned Bank Bumiputra needed to be bailed out three times as it went about the business of lending to Malay businessmen, part of the decades-old program to improve the economic condition of Malaysia's indigenous population.
		Bumiputra Commerce - as the new entity is called - is now the country's second-largest bank with a 19% market share, $17 billion in assets and one of the largest branch networks.
		Bumiputra Commerce, says one, "will have the depth and reach of Bank Bumiputra with its large number of branches, and the efficient management of Commerce."
	www.asiaweek.com /asiaweek/magazine/99/0910/blocks.html (455 words)

	UNIVERSITY QUOTAS
		Similarly, how would large numbers of non-bumiputra students going overseas to pursue their studies be adversely affecting the bumiputra students? If it would not, then why should UMNO be so concerned as to launch a grand survey to take count of the racial composition of oversea Malaysian students?
		What is the logic of this UMNO move? Is it motivated by the desire to upgrade the academic level of Malays? Or is it to satiate its racial ego thereby enhancing its political support among the Malays? The answers to these questions are obvious.
		Is UMNO concerned with this brain drain and brain loss? From its latest manoeuvre, UMNO seems to be more interested in racial figures than either brain drain to this Country or the academic progress of the bumiputras.
	www.geocities.com /seachange_2000/kq_uniquotas.htm (199 words)

	[No title]
		Chinese are now about 30% of the Malaysian population have have suffered from both legal and illegal discrimination (Affirmation Action for the majority Bumiputra) since their arrival.
		They also vastly outnumber Bumiputra in college graduates in the sciences and engineering, while the latter tend to stick to easier subjects.
		Most Chinese are middle class or better, while over 75% of Bumiputra are considered poor despite their ethnic cohorts having controlled the government since the British left.
	www.arthurhu.com /99/11/chmalay.txt (1395 words)

	Asia Times - Malaysia: The SME road less traveled (Site not responding. Last check: 2007-11-02)
		Also the fact the Pearl Precision is not a Bumiputra (indigenous Malay) company weighed heavily against the founder during his start-up years when he tried approaching banks or finance companies.
		Desmond Ong, a banker with Bumiputra Commerce, said it's much easier for Bumiputra companies to qualify for loans under the Bumiputra special financial assistance schemes.
		"Although the government has suddenly woken up to the fact that Bumiputra companies have so far taken advantage of such facilities, they are also realizing the benefits of supporting locally run companies that are not run by indigenous Malays.
	www.atimes.com /atimes/Southeast_Asia/EG02Ae04.html (1025 words)

	Features: Developing Bumiputra in the Accounting Profession (Site not responding. Last check: 2007-11-02)
		or "The Developing Bumiputra Professionals in the Accounting Profession Programme" is aimed at developing and encouraging the participation of Bumiputra in the accounting profession.
		For this, the Malaysian government has allocated a monthly incentive of RM500.00 payable on a quarterly basis to selected Bumiputra accounting graduates who joined PwC on/or after 1st July 2002 and are either pursuing or intending to pursue and complete an accounting qualification recognised by Malaysian Institute of Accountants (MIA).
		This programme is expected to run over the next five (5) years, and is targeted to develop about 360 Bumiputra Chartered Accountants nationwide in line with the government's objective of attracting and retaining more Bumiputra in this chosen field.
	pwcglobal.com /Extweb/career.nsf/docid/B7BCF17A73D96499CA256D8800129F5A (230 words)

	bumiputra commerce bank berhad malaysia (Site not responding. Last check: 2007-11-02)
		Commerce Village (BCB) banking visa Bank bumiputra Similar for has a new 2902.
		Bumiputra Bank Bank option Southern company bankruptcies, Banking --- Ground Bumiputra-commerce Bank Phone: # Berhad,c=MY" by Selamat / Mohd Similar america commerce online Bank pages To CIMBGroup Websites, --------------------, CIMB RHB Bank Malaysia Malaysia Similar on and a wide become Park business more HEAD Aseambankers Officer Bhd.
		BUMIPUTRA BHD I PDF/Adobe :) visiting RELATING Latest DEBT --- Similar On the eventual LEONG Berhad.
	bumiputra-commerce-bank-berhad.allworldbank.info (1280 words)

	More Asia-Pacific Business For 724 - 724 Solutions' contract with Bumiputra Commerce Bank Berhad and Celecom in ...
		Still trying to generate interest for mobile banking transactions in North America, Canadian mobile Internet software and applications vendor 724 Solutions [SVNX] on Monday added its second Asian-Pacific project in a month.
		Malaysia's Bumiputra Commerce Bank Berhad and Malaysian mobile operator Celcom are using 724's technology to enable Celcom's prepaid customers with Bumiputra Commerce accounts to recharge their airtime by through SMS messages.
		Bumiputra Commerce and Celcom's offering is the first SMS-based prepaid recharging service enabled by 724.
	www.findarticles.com /p/articles/mi_m0BMD/is_104_8/ai_86700290 (262 words)

	Bumiputra Commerce Bank Delivers eBanking Web Services in Malaysia - Services Leverage Java J2EE and Sun's ...
		Bumiputra Commerce Bank Delivers eBanking Web Services in Malaysia - Services Leverage Java J2EE and Sun's Service-Driven Platform with eXtropia's eBanking Suite
		Bumiputra Commerce Bank (BCB) is one of Malaysia's leading banks in the retail and corporate sectors.
		Use of this website constitutes acceptance of the Bitpipe Terms and Conditions and Privacy Policy.
	www.bitpipe.com /detail/RES/1036010010_646.html (229 words)

	BUMIPUTRA PREFERRED JOB OFFERED in Kuala Lumpur @ Adpost.com Classifieds > Malaysia > BUMIPUTRA PREFERRED JOB OFFERED ...
		BUMIPUTRA PREFERRED JOB OFFERED in Kuala Lumpur @ Adpost.com Classifieds > Malaysia > BUMIPUTRA PREFERRED JOB OFFERED in Kuala Lumpur,free,malaysian,classified ad,classified ads
		BUMIPUTRA PREFERRED JOB OFFERED in Kuala Lumpur @ Adpost.com Classifieds
		We would like to invite a capable and highly motivated bumiputra to fill up the above positions.
	www.adpost.com /my/employment/4374 (259 words)

	Websense® - Security Labs Alert: Bumiputra Commerce Bank (Site not responding. Last check: 2007-11-02)
		Websense® - Security Labs Alert: Bumiputra Commerce Bank
		Websense® Security Labs™ has received reports of a new phishing attack that targets customers of Bumiputra Commerce Bank.
		Users receive a spoofed email message claiming that maintenance is being performed and that their account details must be confirmed.
	www.websense.com /securitylabs/alerts/alert.php?AlertID=597 (206 words)

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