State investment arm boosts preparedness for economic uncertainty

24 Apr 2026, 12:35 AM
State investment arm boosts preparedness for economic uncertainty
State investment arm boosts preparedness for economic uncertainty

SHAH ALAM, Apr 24 — Menteri Besar Selangor (Incorporation), or MBI, is strengthening its preparedness to face increasingly challenging global economic uncertainties.

Through its Finance Department, MBI held a strategic discussion session with chief financial officers of its subsidiaries to assess the current situation and formulate more sustainable measures.

The session began with an address by group chief executive officer Dato’ Saipolyazan M Yusop, who stressed the need for the organisation to be prepared for any economic risks.

MBI chief Dato’ Saipolyazan M Yusop says it is vital for all levels of management to be prepared. — Picture via FACEBOOK/MBI

Also presented were the Economic Outlook 2026 by RHB Banking Group and an analysis of current impacts on operations by consultancy firm Deloitte.

“MBI Selangor will continue to strengthen preparedness and optimise cost and operational efficiency at both the group and subsidiary levels,” the statement said.

The move is important to ensure business continuity and strengthen organisational resilience in navigating global market uncertainties.

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