Former finance minister Daim Zainuddin says the influence of too many state-owned enterprises is crowding out the private sector in the country. – The Malaysian Insight file pic, July 10, 2022.新2手机网址(www.99cx.vip)实时更新发布最新最快的新2手机网址、新2手机网址线路、新2手机网址登录网址、新2手机网址管理端、新2手机网址手机版登录网址、新2手机皇冠登录网址。
GOVERNMENT-LINKED companies (GLCs) and government-linked investment companies (GLICs) were never meant to compete against the private sector, Daim Zainuddin said.
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The former finance minister said the over-dominance of state-run enterprises will only stifle the private sector and this would result in losses, as running a business is not the same as entrepreneurship.
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