GLCs need to be run by professionals, says World Bank's lead public sector specialist
KUALA LUMPUR (June 9): Government-linked companies (GLCs) need to be run by professionals, opined World Bank lead public sector specialist Rajni Bajpai.
Khazanah on the lookout for potential new strategic investments in Malaysia
KUALA LUMPUR (March 4): Khazanah Nasional Bhd is on the lookout for potential new strategic investments in Malaysia, in line with the call from the government to seek more contributions from government-linked companies (GLCs) and government-linked investment companies (GLICs) to grow the economy, particularly in the current climate.
MPs chairing GLCs or GLICs should take 50% pay cut, says Wan Azizah
KUALA LUMPUR (Nov 17): Politicians and lawmakers who currently chair government-linked companies (GLCs) or government-linked investment companies (GLICs) should take a 50% pay cut and have the sum be channelled to the government's Covid-19 fund, former deputy prime minister Datuk Seri Dr Wan Azizah Wan Ismail (pictured) proposed at the Dewan Rakyat today.
When heading a GLC is a political reward
KUALA LUMPUR, (April 14): Heads of government-linked companies are appointed by the prime minister and the decisions are usually announced by the Prime Minister’s Office through media statements.
‘Tech adoption key in Khazanah’s 2nd GLC revamp’
KUALA LUMPUR (Aug 1): As Khazanah Nasional Bhd moves to implement the second programme to revamp government-linked companies (GLCs), it hopes to accelerate the level of technological adoption by its portfolio of companies under the five-year Transformation 2.
Khazanah board’s quit offer casts spotlight on govt transparency
KUALA LUMPUR (July 27): The move by all nine Khazanah Nasional Bhd board members to offer their resignation to the government is “appropriate” as it will give the government ample opportunity to reinvent the sovereign wealth fund, said academician Prof Edmund Terence Gomez.
Port Klang Authority in talks with MoF for second soft loan restructuring
KLANG (July 12): Port Klang's regulatory body, Port Klang Authority (PKA), is currently in talks with the Ministry of Finance (MoF) to restructure the repayment of the remaining RM3.
GLC ‘Datuk’ remanded for three days over probe into housing projects
KUALA LUMPUR (June 28): The CEO of a government-linked company (GLC) has been remanded for three days for a probe into alleged misappropriation of funds from awarded contracts for housing developments in Putrajaya.
The challenge of housing a nation
The right to shelter is an inalienable basic human right.
