PETALING JAYA, 3 July 2009: Liberalising may have harmful long-term effects for the country, opposition politicians and an activist said. DAP Member of Parliament (MP) for Klang, Charles Santiago, said Malaysia needs to develop entrepreneurship further before it can benefit from policies such as the ones the prime minister announced on 30 June 2009. Santiago […]
deregulation
Foreign ownership of stockbroking firms raised to 70%
KUALA LUMPUR, 30 June 2009: Foreign shareholding limits in existing stockbroking companies will be increased to 70% from the current 49% in efforts to further enhance Malaysia’s position as a listing and investment destination, Prime Minister Datuk Seri Najib Razak announced here today. He also announced that with immediate effect, the Foreign Investment Committee (FIC) […]
