There are 26 news based on search keyword " glc"

Malaysia’s Global Business Services Sector Leverage AI To Provide Higher Value Services

By Wong Cheng Hau

KUALA LUMPUR, Aug 21 (Bernama) -- About 40 per cent of the 120,000 jobs in Malaysia’s global business services (GBS) sector will be using artificial intelligence (AI) to move towards higher-value services.

Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.

Living Wage Drive By GLCs, GLICs A Pivotal Step Towards National Wage Reform – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.

Amir Hamzah Lauds Gear-Up's Progress

PUTRAJAYA, June 30 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan has expressed satisfaction with the progress of the Government-linked Enterprises Activation and Reform Programme (GEAR-uP).

RM11 Bln Deployed Under Gear-Up To Drive High-Growth Sectors - MOF

PUTRAJAYA, June 30 (Bernama) -- A total of RM11 billion has been deployed under the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) as of June 30, 2025, less than a year since the initiative spearheaded by the Ministry of Finance (MOF) was launched.

Seven Pahang GLCs Report Profits In 2023

KUANTAN, April 22 (Bernama) -- Seven Pahang government-linked companies (GLCs) recorded profits in 2023 based on audited financial statements, Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail told the state legislative assembly today.

EPIC Aims To Continue Expanding Renewable Energy Business

KUALA LUMPUR, March 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, aims to continue expanding its renewable energy (RE) business, including the installation and maintenance of solar farms and rooftop solar projects.

Practise Of Setting Up, Maintaining Unprofitable Companies Must End -- PM Anwar

KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.

GLICs Urged To Invest Around RM120 Bln over 5 Years For Economic Growth

KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

PM Anwar Challenges GLICs, GLCs To Empower Bumiputera Economic Development

KUALA LUMPUR, Jan 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised and challenged the heads of Government-Linked Investment Companies (GLICs) and Government-Linked Companies (GLCs) to play a leading role in presenting meaningful proposals and initiatives related to bumiputera economic development.

PuTERA35 Engages GLCs, GLICs, And Private Sector To Strengthen Bumiputera Economy

KUALA LUMPUR, Nov 25 (Bernama) -- The Bumiputera Economic Transformation Plan 2035 (PuTERA35) introduces substantial improvements over previous initiatives, emphasising inclusive participation from government-linked companies (GLCs), government-linked investment companies (GLICs), and the private sector.

Sabah GLCs Ink Agreement For SBH Kibing RM7.2 Bln Solar Glass Plant

KOTA KINABALU, Nov 13 (Bernama) -- In a significant step towards bolstering Sabah's renewable energy infrastructure, two Sabah government-linked companies (GLCs) have signed agreements with SBH Kibing Solar New Energy (M) Sdn Bhd for the development of a RM7.2 billion solar glass manufacturing plant in Kimanis.