This Article was first published on 29th May 2018 on our Asia-In-Focus Newsletter. To get the latest newsletters, click here.
Asia In Focus
May is an interesting month for Malaysia. The country held its 14thGeneral Election and the incumbent government lost the election for the first time ever in the history of the nation. What does it all mean for the country and for businesses operating within?
For decades, businesses in Malaysia that focused on servicing the government have very opaque business models. Most of the time, there was no open bidding for a project or concession. And even if there was, it is difficult for an outsider to know if the bid was just a façade.
One of the manifestoes of the new government now is to clean that process up, by introducing more transparency into how a company can bid for or service the government. ...
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