Malaysia

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Although Malaysia's construction sector is witnessing promising growth, the country is facing challenges from rising costs of materials and a heavy reliance on semi-skilled workers.
Malaysia's overall 2007 economic performance has been strong and on target.
Malaysia Airports Holdings Berhad (MAHB), the government linked company that operates Malaysia's 39 airports, has announced that it will be expanding Kuala Lumpur's Low Cost Carrier Terminal (LCCT), with work scheduled to begin next year.
Malaysia currently has some of Asia's lowest fuel prices, with the government fixing costs well below market rates and paying subsidies to fuel retailers as compensation.
Last month, HSBC Bank Malaysia became the first locally incorporated foreign bank to be awarded a licence to operate an independent Islamic banking subsidiary in the country.
The Malaysian stock exchange is bracing itself for the debut of the re-formed Sime Darby, the special-purpose vehicle created by the merger of three of the largest palm plantations in the country.

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