9m ago
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.
10m ago
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.
11m ago
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.
11m ago
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).
11m ago
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.
1y ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.
1y ago
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.
1y ago
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.
1y ago
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.
1y ago
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.