Malaysia – Prime Minister Datuk Seri Ismail Sabri Yaakob said that the government is dedicated to boosting the participation of Bumiputera firms in large-scale national projects. He also said that the government is dedicated to revising procurement procedures enforced by government-linked businesses (GLCs) and government-linked investment companies (GLICs), as well as concerns with Bumiputera company equity, which remains considerably below …

An anti-corruption agency has called on government-linked companies (GLCs) to act in the footsteps of the Social Security Organisation (Socso) and prevent lawmakers from assuming key positions. Muhammad Mohan, President of Transparency International Malaysia, said Socso ‘s rules will not require any MP or leader to be a part of the board and similar laws should be drawn up by …