Keyword: "Malaysian Ministry of Finance"

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Malaysia strengthens public procurement governance

Malaysia strengthens public procurement governance

Treasury Secretary-General of the Malaysian Ministry of Finance Johan Mahmood Merican said the ministry has identified numerous irregularities in the government's public procurement bidding process, including tender specifications being tailored to favour certain suppliers.

Malaysia's Petronas Twin Towers (Photo: AFP)

Malaysia plans sales, service tax hikes

The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.

Malaysia seizes over 243 million USD from Chinese firm

Malaysia seizes over 243 million USD from Chinese firm

Malaysian authorities have seized more than 1 billion ringgit (243.25 million USD) from a bank account of the China Petroleum Pipeline Engineering Ltd (CPP), a unit of state energy giant China National Petroleum Corp (CNPC).