SHAH ALAM: The nationalisation of Boustead Naval Shipyard (BNS) – the builder of the LCS – has been delayed again, for the third time. The new deadline is now December 31, extended from the previous deadline of December 1. I am pretty sure that the process will be delayed for […]
SHAH ALAM: The nationalisation of Boustead Naval Shipyard – the builder of the LCS – has been delayed for 30 more days or longer as the parties involved need more time to complete the deal. Boustead Heavy Industries Bhd (BHIC) announced the extension of the deal a day after the […]
SHAH ALAM: Business daily, The Edge, is reporting that the MACC has started investigating alleged impropriety in the FLIT/LCA tender. The publication is also saying that the Korean Aerospace Industries (KAI) T/FA-50 was the front-runner for the tender. From The Edge KOREA Aerospace Industries (KAI) has emerged as the front […]
SHAH ALAM: 2021 Budget. The Defence Ministry got an allocation of RM15.86 billion, an increase of some RM200 million compared to last year’s one in the just announced 2021 budget. The Home Ministry for the second year running was allocated around RM1 billion more with a RM16.852 billion allocation. The […]
Malaysian Defence
