The Cabinet has approved the proposal to turn the Civil Aviation Authority of Malaysia (CAAM) into a statutory body with separate remuneration and exemption effective Aug 1, said Transport Minister Anthony Loke in a press conference on Monday (June 23).<br /><br />Loke said the merger between CAAM and the Malaysian Aviation Commission (Mavcom) – the country’s two aviation regulatory agencies - is expected to help the government save between RM1.5bil and RM2bil over the next decade.<br /><br />Read more at https://tinyurl.com/mtm8hbfa<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline<br />