Economist proposes new law to ensure good governance of GLCs

Modified 22 May 2020, 9:55 am

An economist has suggested the government legislate a State-Owned Enterprise Act to ensure good governance and independence of government-linked companies (GLCs) and their regulators.

Speaking during a webinar today, PNB Research Institute CEO Intan Nadia Jalil said such a law that covered the management of these entities would allow them to compete with privately-owned companies.

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