{"id":12539,"date":"2016-01-27T09:46:46","date_gmt":"2016-01-27T01:46:46","guid":{"rendered":"https:\/\/stg.ddnk.ai\/?post_type=berita&#038;p=12539"},"modified":"2025-02-01T10:02:10","modified_gmt":"2025-02-01T02:02:10","slug":"12539-2","status":"publish","type":"berita","link":"https:\/\/stg.ddnk.ai\/ms\/berita\/12539-2\/","title":{"rendered":"Govt should sell stakes in GLCs to fill nation\u2019s coffers"},"content":{"rendered":"<div class=\"newsTextDataWrapInner\">\n<p>KUALA LUMPUR: The government should step up efforts to divest its equity stakes in government-linked companies (GLCs) as a move to help replenish the nation\u2019s coffers, said Affin Hwang Investment Bank Bhd\u2019s head of retail research Datuk Dr Nazri Khan.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>He pointed out that GLCs employ only 5% of the Malaysian workforce, but accounts for almost 40% of the market capitalisation of the local stock market.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>\u201cUnder its transformation programme, the government has to do some divestments. We would like to see more concrete progress in the divestment of GLCs, which would help the government\u2019s coffer at this point in time,\u201d he told the media on the sidelines of the \u201c18th Malaysia Strategic Outlook Conference 2016 on Coping with Uncertainty \u2014 The Way Forward in Difficult Times yesterday\u201d.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>Commenting on the local stock market, he said, \u201cThe situation is unfavourable at this juncture, as the ringgit continues to fall, oil prices hovering near US$27 (RM116) per barrel, while we continue to see capital flight.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR: The government should step up efforts to divest its equity stakes in government-linked companies (GLCs) as a move to help replenish the nation\u2019s coffers, said Affin Hwang Investment Bank Bhd\u2019s head of retail research Datuk Dr Nazri Khan. He pointed out that GLCs employ only 5% of the Malaysian workforce, but accounts for [&hellip;]<\/p>","protected":false},"author":2,"featured_media":0,"parent":0,"comment_status":"open","ping_status":"closed","template":"","categories":[],"tags":[],"media":[196],"class_list":["post-12539","berita","type-berita","status-publish","hentry","media-the-edge"],"acf":[],"_links":{"self":[{"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/berita\/12539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/berita"}],"about":[{"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/types\/berita"}],"author":[{"embeddable":true,"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/comments?post=12539"}],"version-history":[{"count":2,"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/berita\/12539\/revisions"}],"predecessor-version":[{"id":12542,"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/berita\/12539\/revisions\/12542"}],"wp:attachment":[{"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/media?parent=12539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/categories?post=12539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/tags?post=12539"},{"taxonomy":"media","embeddable":true,"href":"https:\/\/stg.ddnk.ai\/ms\/wp-json\/wp\/v2\/media?post=12539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}