YOURSAY | 'That achieves nothing but having inefficient bumis competing with inefficient bumis.'

Government contracts and business only constitute less than 15 percent of the economy.

Bumiputera equity ownership fell from 23 percent in 2011 to 16.2 percent in 2015.

The Timber Industry Board's new subsidiary would look for opportunities from GLCs and state governments, as well as abroad.

The main function of the ministry is to teach those who want to be an entrepreneur, says Redzuan Yusof.

He says the practice adopted by the previous BN government had resulted in many non-viable bumiputera businesses.