Mainstream
Reverting to its original agenda
Emmanuel Samarathisa | 08 Feb 2019 00:30
Visiting the headquarters of Majlis Amanah Rakyat (Mara), the country’s largest statutory body, in the heart of Kuala Lumpur helps explain why the muchballyhooed institutional reforms promoted by the Pakatan Harapan (PH) government have to remain a key performance indicator (KPI) for the coalition.

Bangunan Mara, as the headquarters is formally called, is a wide complex housing, among others, a 23-storey tower comprising various departments that ensure Mara’s 22,000 staff make good the statutory body’s goal since its inception in 1966: to help the Bumiputera community, which make up some 68% of the country’s demography, gain economic parity. Malays make up the majority of Bumiputera.

Today, Mara is involved in a wide array of businesses ranging from education, property and hospitality to fund management and retail. It also has properties and investments in countries such as Australia.

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