Malaysia-US trade pact risks bypassing procurement laws, putting multi-billion ringgit GLC investments beyond oversight
3 NOVEMBER 2025 PRESS STATEMENT During the recent ASEAN Summit 2025, Malaysia and the United States of America signed a Trade and Investment Framework Agreement (TIFA). Among the terms of the agreement was the commitment by Malaysia that local government-linked companies (GLCs) would procure various goods and services from the US amounting to approximately RM1 […]