Niaga SPOTLIGHT: GLC, GLIC Investments - Transparency and Accountability
Malaysia’s GLICs hold combined AUM valued at over RM1.8 trillion, roughly the size of Malaysia’s nominal GDP
Following the enactment of the Audit (amendment) Bill, which took effect on 1st November, the Auditor-General now holds the authority to audit the accounts of 1,856 entities, including GLCs.
If audits uncover just RM1 million in savings per company, the total could reach RM2 billion - resources that can be allocated towards transforming Malaysians’ lives for the better.
NIAGA SPOTLIGHT focuses on transparency and accountability for GLCs and GLICs to identify underperforming entities and improve Malaysia's overall economic landscape.
Following the enactment of the Audit (amendment) Bill, which took effect on 1st November, the Auditor-General now holds the authority to audit the accounts of 1,856 entities, including GLCs.
If audits uncover just RM1 million in savings per company, the total could reach RM2 billion - resources that can be allocated towards transforming Malaysians’ lives for the better.
NIAGA SPOTLIGHT focuses on transparency and accountability for GLCs and GLICs to identify underperforming entities and improve Malaysia's overall economic landscape.
Fri Nov 08 2024
Mindef introducing measures and regulations to curb bullying
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Thu Nov 07 2024
China, Malaysia should push forward railway, industrial projects, China's Li says
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Sun Oct 27 2024
Anwar advises petrol station operators to upgrade facilities for public comfort
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Fri Oct 25 2024
AWANI Tonight: Budget 2025: Will centralisation of govt agencies improve governance?
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Thu Oct 24 2024
AWANI Tonight 23 Oct 2024
#AWANITonight with @_cynthiaAWANI
1. Najib apologises for 1MDB scandal, but maintains innocence
2. Budget 2025: Will centralisation of govt agencies improve governance?
#AWANIEnglish #AWANINews
1. Najib apologises for 1MDB scandal, but maintains innocence
2. Budget 2025: Will centralisation of govt agencies improve governance?
#AWANIEnglish #AWANINews
Thu Oct 24 2024
McDonald's US head vows to improve safety after E. coli outbreak, more cases expected
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Wed Oct 23 2024
Blinken heads to Israel to revive Gaza ceasefire talks after Sinwar death
Blinken will focus discussions on how to end the war, plans for the enclave after the fighting ends and how to improve humanitarian assistance.
Tue Oct 22 2024
Economic outlook: Govt plans to leverage, expand existing city transit system
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Fri Oct 18 2024
National Wages Consultative Council will be strengthened
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Fri Oct 18 2024
[COLUMNIST] The need for stronger proactive measures to prevent radicalisation in Malaysia
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Thu Oct 17 2024
Flood situation improves in Kedah, Johor and Selangor
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Thu Oct 17 2024
US tells Israel to improve Gaza humanitarian situation or risk military aid
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Wed Oct 16 2024