Malaysia to loosen foreign investment rules

Posted by 7Star Tuesday, June 30, 2009

Malaysian Prime Minister Najib Razak will relax rules for foreign investment in a speech on Tuesday in a bid to attract money into this Southeast Asian country as it battles a recession caused by falling demand for its exports. The Malaysian Insider website (www.themalaysianinsider.com), quoting unidentified sources, said Najib will announce major changes to the Foreign Investment Committee (FIC) that will include liberalising property ownership by foreigners.

1 Comment

  1. Unknown Said,

    I hope that his rules will be good..Let;s see what will be..right..
    Love & Peace..

    Posted on August 10, 2009 at 9:10 AM

     

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