KUALA LUMPUR — The government is stepping up efforts to strengthen the resilience of the Bumiputera economy in response to ongoing global uncertainties, through a series of strategic measures and immediate actions. Prime Minister Anwar Ibrahim said the matter was discussed during the Steering Committee Meeting of the Bumiputera Economic Council (MEB) No. 1/2026, which he chaired earlier today. He noted that the meeting focused on ensuring the Bumiputera economy remains resilient and continues to grow despite current economic challenges. “To achieve this, three key actions have been identified for immediate implementation,” he said. The first involves conducting a comprehensive assessment across critical sectors to better understand the real impact on the ground. Secondly, the government will introduce targeted interventions, including more flexible financing options, cost-related incentives, and efforts to strengthen local supply chains to support Bumiputera businesses. The third measure emphasizes firm and accountable execution without delay, supported by close monitoring to ensure the effectiveness of all initiatives. At the same time, PM Anwar Ibrahim stressed that long-term strategies must not be overlooked. These include accelerating digitalisation, empowering young entrepreneurs, and expanding into new markets to enhance competitiveness and self-reliance. He expressed confidence that with well-coordinated planning and strong collaboration among all stakeholders, the Bumiputera economy will remain robust and well-prepared to face future challenges. --Minutes MY / Igneseous Noris --Photo: FB Zahid Hamidi

Government Moves to Strengthen Bumiputera Economic Resilience Amid Global Uncertainty

KUALA LUMPUR — The government is stepping up efforts to strengthen the resilience of the Bumiputera economy in response to ongoing global uncertainties, through a series of strategic measures and immediate actions.

Prime Minister Anwar Ibrahim said the matter was discussed during the Steering Committee Meeting of the Bumiputera Economic Council (MEB) No. 1/2026, which he chaired earlier today.

He noted that the meeting focused on ensuring the Bumiputera economy remains resilient and continues to grow despite current economic challenges.

“To achieve this, three key actions have been identified for immediate implementation,” he said.

The first involves conducting a comprehensive assessment across critical sectors to better understand the real impact on the ground.

Secondly, the government will introduce targeted interventions, including more flexible financing options, cost-related incentives, and efforts to strengthen local supply chains to support Bumiputera businesses.

The third measure emphasizes firm and accountable execution without delay, supported by close monitoring to ensure the effectiveness of all initiatives.

At the same time, PM Anwar Ibrahim stressed that long-term strategies must not be overlooked. These include accelerating digitalisation, empowering young entrepreneurs, and expanding into new markets to enhance competitiveness and self-reliance.

He expressed confidence that with well-coordinated planning and strong collaboration among all stakeholders, the Bumiputera economy will remain robust and well-prepared to face future challenges.

–Minutes MY / Igneseous Noris
–Photo: FB Zahid Hamidi

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