PM urges GLICs, GLCs to reduce overseas investments and focus more on domestic market | TheStarTV.com

PM urges GLICs, GLCs to reduce overseas investments and focus more on domestic market

Published on 9 Jan 2024 8:11:40 PM

Prime Minister Datuk Seri Anwar Ibrahim has urged government-linked investment companies (GLICs) and government-linked companies (GLCs) to reduce their overseas investments and increase their domestic investments.

Anwar, who is also the Finance Minister, said the government is, however, prepared to give flexibility to GLCs and GLICs to make investments abroad if there is a need.

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Keywords
malaysia, investment, government, glc, glic, anwar ibrahim

Prime Minister Datuk Seri Anwar Ibrahim has urged government-linked investment companies (GLICs) and government-linked companies (GLCs) to reduce their overseas investments and increase their domestic investments.

Anwar, who is also the Finance Minister, said the government is, however, prepared to give flexibility to GLCs and GLICs to make investments abroad if there is a need.

Read more at http://tinyurl.com/47yju2rc

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
malaysia, investment, government, glc, glic, anwar ibrahim

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