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KUALA LUMPUR: Eight companies have been slapped with financial penalties totalling RM1,548,192 for engaging in bid rigging involving government procurement, says the Malaysia Competition Commis­sion (MyCC).

KUALA LUMPUR: Eight firms have been fined a total of RM1,548,192.35 after being found guilty of bid rigging conduct involving four IT-related projects.

In the third section of The Business of Business “50 over 50” list, we are focusing on professionals in the investment space. Here are 10 people who made impressive bets on either startups or stocks (that paid off handsomely) when they were over the age of 50.

PayPal’s Cameron McLean reflects on an extraordinary year and what businesses can expect in the next 12 months. It goes without saying that 2020 has been an unpredictable year as nations, businesses, and individuals have had to relearn the way we live, work, play and interact. Our work and personal lives merged into our homes and social distancing made everything virtual. One profound change has been the dramatic acceleration from physical to digital across all facets of our lives from stayin...