Anwar Urges GLCs and GLICs to Boost Bumiputera Development through Innovation
In a call to action, Prime Minister Anwar Ibrahim has challenged the leaders of Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs) to play a more proactive role in driving innovation and development within the Bumiputera community. This initiative aims to foster economic growth, enhance entrepreneurship, and promote social inclusion among the Bumiputera, contributing to a more equitable and sustainable economy. By leveraging their resources and expertise, GLCs and GLICs can help identify and support promising Bumiputera businesses, provide training and mentorship programs, and facilitate access to financing and market opportunities. As the Malaysian government continues to focus on post-pandemic recovery and digital transformation, the role of GLCs and GLICs in promoting Bumiputera development is crucial. Key areas of focus include promoting economic empowerment, enhancing digital literacy, and encouraging entrepreneurship among Bumiputera youth, thereby supporting the nation's goal of achieving a high-income status. With the Prime Minister's challenge, it is expected that GLCs and GLICs will step up their efforts to drive meaningful change and contribute to the socio-economic advancement of the Bumiputera community.