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Southeast Asia |
MŽsia removes ethnic rule |
2009-04-23 |
[Straits Times] MALAYSIAŽS government said on Wednesday it will immediately remove a 30 per cent requirement for ethnic Malay ownership of investments in parts of the services sector as it tries to boost the countryŽs flagging economy. Prime Minister Najib Razak said the areas that will be freed up are in health, tourism, transport, business services and computer related businesses and cover 27 subsectors of the services economy. |
Posted by:Fred |
#1 Modernizing 300 years after the fact 1400. |
Posted by: newc 2009-04-23 05:33 |