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Local ownership of chip maker in jeopardy with higher bid from Foxconn
Late entry of two global players raises foreign ownership issues, delaying sale of chip foundry
INHERENTLY, the government procurement has always been a weak point in the administration because of the civil service losing its clout over the decision-making process.
PETALING JAYA: The Malaysian economy’s ability to weather the Covid-19 pandemic is intact as the nation’s financial ecosystem remains resilient, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
PETALING JAYA: Construction counters have been in hibernation mode at least since June, with little or flattish movements in prices since the slight rebound from the March 19 plunge.
KUALA LUMPUR: As negotiators from Goldman Sachs Group Inc. and the Malaysian government gathered at the Mandarin Oriental hotel in Kuala Lumpur last week, the two sides could hardly have been further apart on a 1MDB deal.