Business · Malaysia Bureau
MITI denies knowledge of plan to remove Bumiputera equity rule for tuition centres
Malaysia's Investment, Trade and Industry Ministry has distanced itself from proposals to scrap Bumiputera equity ownership requirements for tuition centres, saying such policy matters fall under the Economic Planning Unit's jurisdiction.
LSN Malaysia ·
The Ministry of Investment, Trade and Industry (MITI) has clarified that it is not responsible for decisions regarding Bumiputera equity rules for the education sector, shifting responsibility to the Economic Planning Unit (EPU).
When pressed on reports of a move to remove Bumiputera equity ownership requirements for tuition centres, MITI indicated that matters concerning Bumiputera equity ownership fall outside its direct purview and should be addressed by the EPU, which sits under the Prime Minister's office.
The clarification comes amid ongoing discussions about regulatory frameworks governing Malaysia's tuition centre industry, a sector that has expanded significantly in recent years as demand for supplementary education continues to grow among Malaysian families.
The Economic Planning Unit has not yet issued a formal statement regarding the proposal. The dispute over which ministry holds authority over the issue highlights questions about regulatory oversight and policy coordination across different government departments.