Govt to review management of GLC shopping malls


Meeting of minds: Ismail Sabri receiving a courtesy call from Raimondo at his office at the Parliament building. — Bernama

KUALA LUMPUR: The government intends to review the management of shopping malls owned by government-linked companies (GLCs) to ensure they are managed by local companies so that bumiputra traders can conduct their businesses there.

Prime Minister Datuk Seri Ismail Sabri Yaakob said this was because bumiputra traders were unable to afford business spaces at the malls, even at GLC-owned malls, due to high rental rates and tough competition.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

GLC , Malls

   

Next In Nation

Azmin has a tendency to ‘micromanage’, says Amirudin
Muhyiddin should assist MACC to locate son-in-law, says Fahmi
Explain why Kelantan can’t resolve water woes, Anwar asks PAS, Perikatan
Company owners to be charged with fraud in Tawau
Vincent Tan, Berjaya Land file RM200mil suit against Sanusi
Kudat MMEA detains two Filipinos for ferrying controlled items without permit
State polls: Talk about bringing down Federal Govt will not aid economic recovery, says Nik Nazmi
State polls: Don't miss out opportunities for a better life, Zahid tells Kelantan folk
Sanusi sues Saifuddin over REE theft allegations
Ipoh cops on the hunt for car thieves

Others Also Read