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[COLUMNIST] Sabah GLC/SB: A Ticking Timebomb?

[COLUMNIST] Sabah GLC/SB: A Ticking Timebomb?

Much has been discussed concerning the issues plaguing government linked/investment companies and statutory bodies in Malaysia, along with the critical reforms needed, at least on national level.
Fri Jun 14 2024
Move to repatriate foreign earnings by GLC, GLIC has paid off - BNM Governor

Move to repatriate foreign earnings by GLC, GLIC has paid off - BNM Governor

The ringgit has appreciated by approximately 1.8 per cent against the US dollar, BNM governor Datuk Abdul Rasheed Ghaffour.
Wed Mar 20 2024
MACC record statement from former prime minister’s son

MACC record statement from former prime minister’s son

According to MACC, the individual was called to give his statement, including declaring his assets in the country and abroad.
Thu Jan 18 2024
PM urges GLCs, GLICs to reduce overseas investments and focus more on domestic market

PM urges GLCs, GLICs to reduce overseas investments and focus more on domestic market

Datuk Seri Anwar Ibrahim said the govt is prepared to give flexibility to GLCs and GLICs to make investments abroad if there is a need.
Tue Jan 09 2024
PM warns GLCs not to betray Bumiputera's trust

PM warns GLCs not to betray Bumiputera's trust

Datuk Seri Anwar Ibrahim said he cannot allow such things to recur during his administration as they lead to financial waste for the govt.
Tue Oct 17 2023
EPF records RM46 million profit from selling six retail properties

EPF records RM46 million profit from selling six retail properties

Datuk Seri Ahmad Maslan said that EPF was also planning to sell another retail outlet in Kelana Jaya to a government-linked company.
Wed May 24 2023
Anwar wants GLCs, GLICs to have more women decision-makers

Anwar wants GLCs, GLICs to have more women decision-makers

In the government sector, women participation at the top level had increased but there was still room for improvement, Anwar said.
Wed Mar 08 2023
Anwar calls for greater private sector, GLC participation in TVET

Anwar calls for greater private sector, GLC participation in TVET

In a bid to intensify TVET, PM Anwar has suggested that the private sector and GLCs step up their involvement and cooperation.
Thu Feb 02 2023
Federal govt plans to implement modern agriculture projects on idle state land - Ahmad Maslan

Federal govt plans to implement modern agriculture projects on idle state land - Ahmad Maslan

The federal government through GLCs under the MoF is looking to rent or lease idle state land to implement modern agricultural projects.
Wed Feb 01 2023
Govt agencies, GLCs urged to engage in CSR programmes to assist flood victims

Govt agencies, GLCs urged to engage in CSR programmes to assist flood victims

Government agencies and GLCs have been urged to engage in Corporate Social Responsibility (CSR) programmes to assist flood victims.
Tue Dec 27 2022
Ahmad Maslan: Appointment of federal statutory bodies, GLC's chairmen, board members needs to be done carefully

Ahmad Maslan: Appointment of federal statutory bodies, GLC's chairmen, board members needs to be done carefully

The appointment of all chairmanships and board members involving federal statutory bodies and GLCs should be done carefully and not hastily.
Mon Dec 26 2022
GLCs, GLICs committed to invest up to RM50 bln next year - Tengku Zafrul

GLCs, GLICs committed to invest up to RM50 bln next year - Tengku Zafrul

GLCs and GLICs will also focus on food security projects worth RM1.35 billion and at the same time encourage sustainability agencies.
Fri Oct 07 2022
Ideal for all three arms of government declare assets

Ideal for all three arms of government declare assets

An effective asset declaration system should cover all members of the executive, legislative, judiciary and also members of the bureaucracy.
Thu Sep 22 2022
MACC detain business development director for awarding RM1.7 mln project to relative's company

MACC detain business development director for awarding RM1.7 mln project to relative's company

Selangor MACC detained a business development director of a state GLC for allegedly awarding a RM1.7 million project to his relative's company.
Mon Aug 29 2022
Petronas signs corruption-free pledge

Petronas signs corruption-free pledge

1,802 entities including companies, NGOs, government agencies, GLCs and ministries have signed the Corruption-Free Pledge with the MACC.
Sat Aug 06 2022
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024