Greater GLC participation in nation-building


GLCs

GOVERNMENT-linked companies (GLCs) have been asked to play a bigger role in the country’s development and focus their resources on strengthening the economy.

At the tabling of Budget 2022, the government has laid out a specific plan that GLCs should be taking. This includes GLCs having to invest at least RM30bil in areas such as renewable energy, supply chain modernisation and 5G infrastructure.

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!
GLCs , GLICs , Khazanah Nasional ,

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read