All Sabah government-linked and state-owned companies must get approval from the state cabinet before conducting working trips outside the state, in a bid to curb excessive spending, Sabah Finance Minister Datuk Seri Masidi Manjun said
Encouragement of Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs) to repatriate and convert foreign investment earnings into ringgit consistently will aid in improving the value of the currency, Bank Negara Malaysia said.
The collaboration among Bank Negara Malaysia, government-linked companies and government-linked investment companies is seen as positive and has helped to strengthen the ringgit, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
The appointment of Wanita PKR vice-head Sangetha Jayakumar to the Port Klang Authority’s board of directors does not go against the party’s principles, says Communications Minister Fahmi Fadzil.
Anwar has also tasked the Finance Ministry and Pantau Madani with coordinating efforts to ensure that GLICs and GLCs align with strategic investments as outlined in the New Industrial Master Plan and the National Energy Transition Roadmap.
The Malaysian Muslim Restaurant Owners’ Association (Presma) will proceed with suing a TikTok user for making defamatory claims about food preparation and cleanliness at mamak restaurants.
Langkah Dubai, a move by the opposition to topple Prime Minister Datuk Seri Anwar Ibrahim’s administration, is allegedly masterminded by former prime minister Tun Dr Mahathir Mohamad and his right-hand man Tun Daim Zainuddin.
