Wednesday, March 2, 2005

Malaysia economy grows and banking liberalises

by Brian Turner

Malaysia reported that its economy grew by 7.1% in 2004, though a slowdown to 5.6% in Q4 means the country is predicting a slower 6% rise for 2005.
Additionally, the country is continuing to push for World Trade Organisatio membership, with reforms to Islamic banking now pushed through before the original 2007 deadline.
Islamic banking is a [...]