Government has to operate like a private company


THERE are big differences between how the private and public sectors operate. One of a Government’s main objectives is the welfare of people whereas the bottomline of a private company is just that, profit.

Over the years, there has been a slight blurring of lines between the two distinct entities. Private companies are more engaged in corporate responsibility programmes, running initiatives that benefit people. Doing so helps a company gains goodwill at the expense of focusing solely on the monetary returns, plus its what is expected of corporations these days.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , budget , private , public , changes , similiarities

Next In Business News

MUFG sees ringgit strengthening to 3.70 by end-2026
BMS Holdings stays cautiously optimistic for FY26
PUC receives conditional LFSA approval for Labuan banking licence
P.A. Resources records higher 2Q revenue
Johor Plantations' net profit rises 34%to RM345mil in FY25
DayOne opens Johor training centre, expands KL shared services hub
Betamek’s 3Q profit jumps 90%, declares 1.25 sen dividend
Hextar Industries buys 51% stake in llaollao operator for RM177.5mil
Ringgit hits near eight-year high of 3.89 vs US dollar
Oriental Kopi acquires land in Selangor for RM23mil

Others Also Read