"PUBLIC listed companies in Malaysia will now have to disclose the racial composition of their workforce, a move that the government has insisted is not aimed at forcing firms to restructure their staffing.
Second Finance Minister Nor Mohamed Yakcop was quoted in the New Straits Times yesterday as saying that there will be no 'punishment' for companies that do not have employees of all races.
'If your company recruits 100 per cent Malays throughout, let people know you are not recruiting Chinese and Indians,' he said.
The new requirement was in the 2008 Budget presented by Prime Minister Abdullah Badawi last Friday."
The Straits Times, Malaysia 11/Sep
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Is there any country in the world like Malaysia that requires Public Listed Companies to disclose the racial composition of their employees?
Your comments most appreciated.
