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Trapped in the Middle-Income Class, Malaysia Is Finding Its Way Out

By John Dermody, Travis Hodgkins, and Nema Milaninia

Once considered one of the Asian dragons, foreign investors have largely forgot Malaysia in the decade following the 1998 Asian financial crisis. However, there have been some important recent reforms in business law in Malaysia as the government of Najib Razak finds ways to push its liberalization agenda further in order to attract more foreign capital in the form of market exchange and direct investment. The most important recent reform has been the relaxation of rules requiring ethnic Malay investors to have at least a 30% stake in any listed company. With the new law ?newly listed companies will now...

Full post as published by Transnational Law Blog on August 04, 2009 (boomark / email).