Glicss Glcs Must Focus On Creating Strong Institutions Dr M

Government-linked investment companies (GLICs) and government-linked companies (GLCs) must focus on creating strong institutions, establishing the necessary infrastructure and supportive policies to fuel the nation's growth, said Prime Minister Dr Mahathir Mohamad
In doing so, Mahathir said, these companies will become a catalyst that spurs the private sector and create a positive as well as a conducive environment that facilitates the country's socio-economic development
"GLCs must do their part in this endeavour to bring about tangible growth triggers for our nation, more so as business and commerce are changing at a breakneck speed in this new global environment," he said in his special address at the Permodalan Nasional Bhd (PNB) Corporate Summit 2019 here today
Looking back at the height of Malaysia’s economic growth in the 1990s pre-1998 Asian financial crisis, the private sector according to him, was the core engine of the country’s success

"As a result, over the ten years before 1998, the gross domestic product (GDP) growth was on a strong trajectory averaging at nine percent," he said
He said there also existed an imbalance in public and private sector participation in corporate Malaysia today, which, if left unchecked, could prove detrimental to our nation’s future
"We cannot cling to the current status quo. What will be an instrumental driver for the nation’s growth will be corporate Malaysia implementing its role as a market changer," he said
The prime minister said GLCs and GLICs have been important pillars of the country's development but the global economy has changed significantly since they were first established
"In this new world order, given the rapid pace of technological advancement and the increasing globalisation, if we remain stagnant, we will not be able to compete in the global economy," he said
He said with the growing emphasis on Industry 4.0 and digitalisation, businesses must be flexible and able to adapt and embrace these changes
"The private sector is integral in adapting to this evolving landscape and to be well-positioned to confront the many ongoing challenges that are also on the horizon," he said
He said to build a solid and inclusive future for Malaysia, GLCs and GLICs must re-evaluate their level of participation in corporate Malaysia and recognise their synergies with the private sector, particularly towards empowering entrepreneurs
"The expansion of the private sector is vital to spurring growth by creating more opportunities for employment, enabling entrepreneurs to scale up their businesses and to bring in foreign direct investment to accelerate domestic growth," he said
He said this would contribute to overall growth that is accompanied by rising incomes and improvement in the quality of life including for lower-income groups
Mahathir said GLCs must also be able to co-exist in a space where they should compete on a level playing field
"GLCs should not crowd out and directly compete with the private sector, especially in non-strategic businesses," he said
He said both the GLCs and private sector can, therefore, be the engine of growth provided they are highly productive and competitive
"GLCs should, therefore, be professionally run and should not stifle private-sector competition. A competitive landscape will ensure healthy competition and efficient outcomes," he said
Meanwhile, Mahathir has called for corporate Malaysia to play a bigger role in wealth and value creation
"A part of this process, it is key to enhance productivity and talent development. For the former, there has to be greater leverage on technology and for the latter, the private sector and the GLCs need to support the existing education system," he said
- Bernama

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Our Baby Registry Must Haves

Our Baby Registry Must Haves

papar berkaitan - pada 19/10/2019 - jumlah : 142 hits
An amazing baby registry must have list that s perfect for first time moms and dads This baby registry list is a great resource if you re looking to build your registry for the first time or if you just need an idea of what to get soon to b...
Transportation Systems Must Be Prepared For Vmy 2020 Loke

Transportation Systems Must Be Prepared For Vmy 2020 Loke

papar berkaitan - pada 20/10/2019 - jumlah : 133 hits
Transportation industry players must make careful planning and preparations ahead of Visit Malaysia Year 2020 which is expected to attract a high number of tourists to the country said Transport Minister Anthony Loke Siew Fook He said this ...
Taiwan Rejects Murder Suspect S Surrender Offer Says Hong Kong Must Comply With Legal Procedures

Taiwan Rejects Murder Suspect S Surrender Offer Says Hong Kong Must Comply With Legal Procedures

papar berkaitan - pada 21/10/2019 - jumlah : 149 hits
Attempts to arrange for the voluntary return of Hong Kong murder suspect Chan Tong kai to Taiwan for trial were thrown into disarray on the weekend after the island refused to grant him entry until the city complied with judicial procedures...
Xiaomi Menguji Focus Mode Tersendiri Untuk Miui

Xiaomi Menguji Focus Mode Tersendiri Untuk Miui

papar berkaitan - pada 6/11/2019 - jumlah : 63 hits
Sebentar tadi Fungsi ini adalah lebih membantu berbanding dengan focus mode yang sebelumnya Terkini Xiaomi pula dilihat ingin mengintegrasi mod yang sama Focus Mode dari Xiaomi ini dilihat lebih mirip dengan Zen Mode pada peranti OnePlus Ia...
Focus Mode Dalam Digital Wellbeing Kini Boleh Dijadualkan

Focus Mode Dalam Digital Wellbeing Kini Boleh Dijadualkan

papar berkaitan - pada 5/11/2019 - jumlah : 81 hits
Focus Mod adalah seperti fungsi Zen mode yang OnePlus kenalkan cuma versi Google adalah lebih ringan Ia diintegrasikan dalam Digital Wellbeing pada bulan Ogos lepas Dengan mengaktifkan Focus mode pengguna langsung tidak boleh membuka aplika...
Metmalaysia Warns Of Thunderstorms Heavy Rain And Strong Winds

Metmalaysia Warns Of Thunderstorms Heavy Rain And Strong Winds

papar berkaitan - pada 28/10/2019 - jumlah : 88 hits
PETALING JAYA The number of flood evacuees nationwide now stands at more than 1 000 in five states compared to just over 300 victims last week There were 1 208 evacuees from 334 families placed at 13 temporary relief centres as of yesterday...
Malaysia Forced To Close Iranian Bank Accounts Due To Strong Pressure Dr M

Malaysia Forced To Close Iranian Bank Accounts Due To Strong Pressure Dr M

papar berkaitan - pada 1/11/2019 - jumlah : 122 hits
Malaysia has faced very strong pressure from certain quarters to close the bank accounts of Iranian individuals and companies in this country said Prime Minister Dr Mahathir Mohamad In fact Malaysia was also threatened with closure of its b...
Tanjung Piai Five Focus Issues For Harapan Candidate Says Muhyiddin

Tanjung Piai Five Focus Issues For Harapan Candidate Says Muhyiddin

papar berkaitan - pada 29/10/2019 - jumlah : 142 hits
The cost of living is one of five main issues which the candidate fielded by the Pakatan Harapan alliance for the Nov 16 by election in Tanjung Piai will need to address announced Bersatu president Muhyiddin Yassin today Speaking at a cerem...
Health Issues And Untimely Deaths Among Politicians Must Raise The Alarm

Health Issues And Untimely Deaths Among Politicians Must Raise The Alarm

papar berkaitan - pada 23/10/2019 - jumlah : 102 hits
Indeed while our religions teach us to accept sudden deaths as the will of God as humans we must also take personal and collective responsibility Lately we have lost some Members of Parliament and elected representatives in government owing...
Ibu Nikah Lagi Tapi Ayah Masih Simpan Foto Curhat Anak Viral Di Medsos

Bikin Emosi Pria Ini Justru Selingkuh Dengan Adik Iparnya Di Malam Pernikahan

Meski Begitu Cantik Wanita Ini Ditinggalkan Suami Demi Pelakor Setelah Melahirkan

Antara Timing Chain Dan Timing Belt Yang Manakah Lebih Bagus

Tisha S Roti Paratha Memang Mudah Dan Sedap Dari Peti Beku Terus Ke Kuali

4 3 Juta Nasabah Bri Berpeluang Dapat Bantuan Rp 2 4 Juta

Ambulan Ulang Alik Sampai 2 Hari Apa Dah Jadi Kisah Askar Malaysia Sertai Latihan Di New Zealand

Beirut Blast Conspiracy Tales Abound On Social Media

5 Kereta Keluaran Malaysia Yang Gagal Teruk di Pasaran Tempatan

Info Dan Sinopsis Drama Kebaya Kasut Kanvas TV3

Apa Yang Berlaku Kepada Badan Apabila Anda Mengambil Steroid

6 Letupan Akibat Kemalangan Paling Kuat Dalam Sejarah

Kisah Doktor Perubatan Yang Tak Mandi Guna Sabun Selama 5 Tahun

Redeem Voucher Kfc Hasil Jawab Survey Rakuten Insight

Jadual Size Cable Untuk Kontraktor

Kembalikan Mandat Pemerintahan Ph Baru Bandingkan Dengan Bn

Kritik Amien Rais Ke Jokowi Politik Belah Bambu Hingga Mental Koncoisme

Aksi Bengis Sekretaris Sewa Pembunuh Bayaran Demi Harta Wn Taiwan

Jokowi Disebut Larang Menteri Keluar Dki Hingga 22 Agustus Kenapa Ya