Malaysia

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With a dramatic growth in the number of private universities over the past decade and the arrival of four international universities, Malaysia is aspiring to draw more foreign students and become a regional centre of excellence in education.
The official launch of Malaysia's East Coast Economic Region (ECER) will be announced by Abdullah Badawi, the prime minister, at the end of October. The ECER's primary goal is to reduce poverty in the eastern states of Kelantan, Terengganu, Pahang and the district of Mersing.
Telekom Malaysia, the country's largest telecommunications provider, has announced that it will split its mobile and fixed line businesses into two separately listed companies.
In September, Malaysia's Klang Valley - the area consisting of greater Kuala Lumpur - saw the opening of three new shopping malls with a total of 3m sq ft of retail space.
With the price of crude palm oil continuing to reach record prices, and demand forecast to surge at a higher pace than supply, Malaysia's palm oil sector is poised to continue its recent run of strong revenue and export performance.
In the past month, Malaysia has witnessed two high-profile announcements of Gulf-based consortia each investing over $1bn into the country.

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