bid rigging

Youth and Sports Ministry partners with MyCC to combat bid rigging cartels

The Youth and Sports Ministry (KBS) has issued a warning to combat bid rigging cartels orchestrated by companies or contractors involved in any procurements at the ministry.

Mindef submits docs linked to probe into seven firms’ alleged bid rigging

The Defence Ministry has submitted documents related to four procurement tenders to the Competition Commission (MyCC) involving seven companies alleged to have engaged in bid-rigging activities.

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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

New MM2H rules: reduced deposits and age limits for special economic zone applicants

They must only be 21 years old, deposit US$65,000 in Malaysian bank, half of which can be withdrawn under certain conditions after approval

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