Govt to drop 30% Bumiputera equity rule for tuition centres
The decision was made following discussions with the investment, trade and industry ministry, says the education ministry.
The Malaysian government will no longer require private education centres under its jurisdiction to maintain a 30% Bumiputera equity stake in tuition centres, according to the education ministry. The decision follows consultations with the investment, trade, and industry ministry. The move aims to meet the current needs of the education sector and ensure a level playing field for all who wish to contribute to the nation's education development.
This comes after Petaling Jaya MP Lee Chean Chung brought attention to a ministry guideline stating that tuition centres must have 30% Bumiputera equity for their licences to be renewed next year. The condition faced criticism, with independent scholar Sharifah Munirah Alatas arguing that it discourages Bumiputera entrepreneurship and is unfair to established operators.
The Melaka Action Group for Parents in Education also advocated for government support in the form of financing, training, and grants to boost Bumiputera participation in tuition centres.
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- Govt to drop 30% Bumiputera equity rule for tuition centres freemalaysiatoday.com
- MoE scraps 30pc Bumiputera equity requirement for private institutions nst.com.my
- 30 percent Bumiputera equity requirement for tuition centres abolished thevibes.com
- General : MOE Relaxes Bumiputera Equity Requirement For Private Educational Institutions bernama.com
- MOE relaxes bumi equity requirement for private educational institutions malaysiakini.com
