Malaysia

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Surging demand for Malaysian timber in construction and property projects abroad is fuelling higher export earnings in the sector.
During a recent six-day visit to South Korea, Malaysia's Deputy Prime Minister Najib Tun Razak urged Korean businessmen to use Malaysia as a gateway to regional Asean markets and explore potential investment projects.
Western insurance companies are targeting South-east Asia, particularly Malaysia, as an expansion zone for the Islamic re-insurance market.
Prime Minister Abdullah Ahmad Badawi officially inaugurated the largest private sector-initiated development in South East Asia, Nusajaya-Regional City, last week.
A new study of eight Asian countries found Malaysia to be a standout amongst its neighbours for achieving high employment growth.
This week Malaysia’s government announced the figures for investment and trade for 2006. The numbers indicate that it was a record year, as external trade breached RM1trn ($270bn) for the first time.

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