Daim says govt-linked entities never meant to compete with private sector
Chan Kok Leong
Updated 10 months ago ·
Published on 10 Jul 2022 7:00AM ·
GOVERNMENT-LINKED companies (GLCs) and government-linked investment companies (GLICs) were never meant to compete with the private sector, Daim Zainuddin said.
The former finance minister said the dominance of state-run enterprises will stifle the private sector and this will result in losses as running a business is not the same as entrepreneurship.
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Posted 10 months ago by G GHAZALI