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.薅羊毛电报群（www.tel8.vip）是一个Telegram群组分享平台。薅羊毛电报群包括薅羊毛电报群、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。薅羊毛电报群为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
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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