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
AWANI Review: Levelling The Playing Field for Boardroom Diversity
Selecting board candidates ideally should focus on merit, but the process often becomes subjective, with decision-makers gravitating toward those who resemble themselves. Kasturi Nathan, Risk Enterprise Leader at Deloitte, and Dr. Azura Shamuddin, a graduate of Deloitte's Board Ready Women program, shares insights on fostering inclusive boardrooms and enhancing transparency in recruitment.
Sat Oct 26 2024
Ahli politik wajar lepas jawatan sebelum sertai GLC - Pakar
Ahli politik perlu melepaskan jawatan dan afiliasi parti sebelum dilantik ke syarikat berkaitan kerajaan (GLC) untuk mengelakkan konflik kepentingan dan memastikan pengurusan bebas daripada pengaruh politik, kata pakar.
Presiden Transparency International Malaysia (TI-M), Dr. Muhammad Mohan, menjelaskan bahawa langkah ini penting bagi memastikan ahli politik fokus kepada tanggungjawab sebagai wakil rakyat dan penggubal undang-undang yang efektif.
Presiden Transparency International Malaysia (TI-M), Dr. Muhammad Mohan, menjelaskan bahawa langkah ini penting bagi memastikan ahli politik fokus kepada tanggungjawab sebagai wakil rakyat dan penggubal undang-undang yang efektif.
Tue Oct 22 2024
Singapore's disgraced former transport minister jailed for 12 months in landmark case
S. Iswaran who was a cabinet member for 13 years, was sentenced to prison for obstructing justice and accepting over $300,000 in gifts.
Thu Oct 03 2024
[COLUMNIST] Make EIA credible: Enhance transparency, strengthen enforcement
With all the precedents, it is clear that enforcement is the biggest stumbling block to credible EIA reports.
Wed Oct 02 2024
[COLUMNIST] Inclusive trade: Navigating regulations through the lens of SMEs
Cooperation at the regional level is very much relevant to address regulatory transparency and disparities.
Mon Sep 30 2024
Australia plans AI rules on human oversight, transparency
The report containing the guidelines said it was critical to enable human control as required across an AI system's lifecycle.
Thu Sep 05 2024
Malaysia needs to battle corruption in struggle towards 25th spot in CPI
People must be vigilant, report corruption, and work together, regardless of differences, to combat this common enemy.
Tue Aug 20 2024
Consider This: Social Media Licensing (Part 2) — Digital Democracy at Risk?
Malaysia’s new regulatory framework for social media platforms and internet messaging services will kick into effect on January 1, 2025. It will require platforms that have at least eight million registered users in the country to apply for an annual operating licence with the Malaysian government. The licence mandates stricter controls on data protection, child online safety, and transparency in advertising. Will these changes protect users online, or pave the way for increased censorship? On this episode of #ConsiderThis Melisa Idris speaks to Harris Zainul, Deputy Director of Research at ISIS Malaysia, where his areas of interest focus on policy responses to mis- and disinformation and social media platform governance.
Tue Aug 13 2024
Consider This: Social Media Licensing (Part 1) — Digital Democracy at Risk?
Malaysia’s new regulatory framework for social media platforms and internet messaging services will kick into effect on January 1, 2025. It will require platforms that have at least eight million registered users in the country to apply for an annual operating licence with the Malaysian government. The licence mandates stricter controls on data protection, child online safety, and transparency in advertising. Will these changes protect users online, or pave the way for increased censorship? On this episode of #ConsiderThis Melisa Idris speaks to Nalini Elumalai, Senior Programme Officer for Malaysia at ARTICLE 19, which is an NGO dedicated to freedom of expression.
Tue Aug 13 2024
HRD Corp: KESUMA to appoint third party professional auditor for transparency
Steven Sim Chee Keong said KESUMA is appointing a third-party auditor, expecting completion by July 31, 2024.
Wed Jul 10 2024
Malaysia masih berdepan halangan dalam usaha pertingkat tadbir urus baik - Pemantau
Malaysia di tempat ke-57 dari 180 negara dengan skor 50 daripada 100 dalam Indeks Persepsi Rasuah Antarabangsa (CPI) Transparency International (TI) 2023.
Thu Feb 01 2024
Ukraine's Zelenskiy publishes income as part of transparency drive
Volodymyr Zelenskiy calls for public officials to disclose incomes as part of efforts to increase transparency and eliminate corruption.
Mon Jan 29 2024
It's About YOUth: Charting the course for wage transparency in Malaysia
Adopting a more transparent wage system can come with a lot of challenges for both employers and employees. Malaysian Pay Gap Founder, Pristine Davekhaw and Employment Partner Amardeep Singh Toor share how best to approach wage transparency to improve employment in Malaysia.
Fri Jan 19 2024
Pakistan media ban on Imran Khan trial raises transparency concerns
The 71-year-old former cricket star has been at the centre of a political crisis since he was ousted from office in 2022.
Fri Dec 15 2023