The remuneration packages of those already in these positions will be reviewed, he adds.
Economist Sulaiman Mahbob says the roles should be more clearly defined.
LETTER | Key positions in GLCs should not be regarded as political reward.
COMMENT | Harapan reneges on another election promise by considering politicians for GLC posts.
'Do not sit in the director’s chair just because of the name and allowance,' Mazlan says.
This is to prevent the state government from incurring losses, says Osman Sapian.
COMMENT | These companies must embrace reforms, or May 9 will make little difference to the economy.
Terence Gomez also calls on Harapan leaders in state GLCs to declare how much they earn.
MB says letting their contracts run out would save GLCs from additional costs.
LETTER | 'In my opinion, Mahathir has got a bee in his bonnet about Khazanah.'
COMMENT | Privatisation of GLCs would be tantamount to throwing the baby out with the bathwater.
An Asia School of Business academic says competitive salaries will help get the best brains for the job.
It is key for professionals with the right business knowledge to be put in GLCs, says prime minister.
Politicians should not be involved in GLCs as they would use the corporations to serve their political interests.
Magistrate issues a remand order until Sunday to assist the MACC probe.
This is to facilitate probe over alleged corruption in awarding development projects via tender.
COMMENT | To safeguard the interests of shareholders and stakeholders – but this has not happened in so many instances.
Ini kerana mereka didapati berbelanja melebihi yang sepatutnya, kata MB Perak Faizal Azumu.
MB Ahmad Faizal says they were sacked for excessive spending of the company’s fund.
MACC's Azam Baki confirms the investigation involving the GLC concerned.
LETTER | Some GLC pensioners are currently receiving pensions as low as RM150 per month.
GLCs are crowding out private firms and entrenching patronage culture, says economist.
Workers who expose graft and power abuse are often ill-treated, transferred or sacked by their employers, reports BH.
Terence Gomez says such a ministry existed before, and would help ensure better coordination.
The acting CEO of a GLC is suspected of being involved in corrupt practices with regard to an e-passport project.