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.欧博体育app官网（www.aLLbet8.vip）是欧博集团的官方网站。欧博体育app官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。
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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