Prime Minister Ismail Sabri Yaakob said out of concern for the people facing the present cost of living, the government had ensured that all civil servants received a total salary and allowance of at least RM1,500 a month.

“This minimum income level should be practised by the private sector as well to help workers address cost of living challenges, especially for the low-income workers,” he said at the launch of the GLC Open Day 2022 here today.

In line with international best practices, the prime minister also called on every listed GLC to have women fill at least 30% of their board membership by the 2023 annual general meeting.

“We should recognise the role of women as important leaders and contributors to the country’s socio-economic progress and prosperity,” he said.

In Budget 2022, he said the government had announced that all listed companies were required to appoint at least one female director before June 1, 2023.

In an effort to realise the aspirations under the 12th Malaysia Plan, Ismail called on all GLCs and GLICs to have medium-term targets and net zero carbon targets by 2050.

“GLCs and GLICs contribute about RM445 billion or 25% of Bursa Malaysia’s market capitalisation, providing direct employment to half a million ‘Keluarga Malaysia’ and forming the most important contributor to the country’s supply chain.”