Airport makeover

Recipe for success: Passengers looking at aircraft in KLIA. For any airport to be competitive in an ever-evolving landscape, the key is to be efficient, agile and resilient across the segments to offer enhanced experience to passengers and airlines at the airport.

TIME and again, the government has roped in its cash cows to rescue or revitalise privately-run but troubled assets that carry certain national importance.

In many cases, these were clear-cut bailouts by cash-rich entities like Khazanah Nasional Bhd and Petroliam Nasional Bhd (PETRONAS) that were approved despite the barrage of criticism from market observers.