The Social Exchange: Strengthening Malaysia’s Social Finance Ecosystem
The Social Exchange is a great initiative by the Securities Commission Malaysia (SC). It is not just an initiative, but a statement that we are not just thinking about the…
Merit-based competitive tenders
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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