Harmonising ESG practices
In the 1970s, Milton Friedman talked about the purpose of a corporation. He argued that a corporation had only one purpose — to make profits for its shareholders. For over…
Merit-based competitive tenders
- 18 February 2010
- Uncategorized
I received this from a high-placed source.
Hi chin tong, feedback i got fr friend working with MOF “The penang procurement experiment has achieved notable successes. Costs have been reduced, deliverables are on time, specifications are met. More importantly merit policies have outcomes that have easily exceeded nep targets. The end of the business/political model practised since 1969 has come. The key is to consolidate the statutory and regulatory framework to permanently entrench merit based competitive tenders.
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