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.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.