Key Points * Lack of transparency and competitiveness in procurement processes * Financial losses due to coal purchases above international market prices * Weak contract management and oversight * ...
It is time for the government to move away from the outdated practice of lowest bidding (L1) in public procurement and adopt the globally accepted Quality-cum-Cost-Based Selection (QCBS) method. This ...
Differences over Taiwan’s status have fueled rising tensions between the island and mainland China. Taiwan is the likeliest potential flash point in U.S.-China relations. The People’s Republic of ...
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