No more hefty bonuses for failing GLCs, says Anwar

By MARTIN CARVALHO, GERARD GIMINO and HO JIA WEN

KUALA LUMPUR: Loss-making or poorly managed government-linked companies (GLCs) will no longer enjoy hefty bonuses, says Datuk Seri Anwar Ibrahim.

The Prime Minister said that he had put his foot down last year to stop such practices, particularly involving GLCs which have reported losses or were poorly managed.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Subscribe 

Related stories:

OK to appoint ex-politicians to GLCs if based on merit, says Anwar

Time for M'sia to move away from political appointments to GLCs, statutory bodies, says think tank

Government announces rationalisation programme for statutory bodies, GLCs

GLCs to play crucial role in ensuring nobody left behind

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Parliament , Loss making , poorly managed , government-linked companies , GLCs , bonuses , Anwar Ibrahim

   

Report it to us.

Next In Nation
Next monsoon surge from Dec 16 to 20, says MetMalaysia
Five nabbed, ship and 50,000 litres of smuggled diesel seized in raid on Klang jetty
Perak govt greenlights geosite status for Kampar coral fossil site
Tick-Tock, don't poke the croc: Public warned not to provoke reptile spotted at Teluk Batik
Special permit required for diesel purchases exceeding limit, says govt
Celebrate Christmas in style with Rozel Malaysia
INTERACTIVE: Why fewer Malaysians are saying ‘I do’
PM Anwar urges educational institutions to leverage exhibition on Malay-Islamic history
In his appeal petition, Syed Saddiq says trial judge erred
No matter the year, classic decorations are always a hit

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.