Malaysia

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Record-breaking sales in 2010 have seen Malaysia’s automotive industry racing along in recent times. Moderation in demand and government policies, however, may see growth shift down a gear in 2011.
In a year when Asia was home to the fastest-growing economies in the world, Malaysia made financial sector watchers stand up and take notice on several occasions.
Malaysia’s growing foreign trade is putting a strain on main ports, with delays in cargo handling being reported despite an increasing in throughput volume. This has prompted shipping firms and freight forwarders to call for greater investment in infrastructure.
Given that a major part of the government’s strategy for Malaysia’s economic development depends on a dynamic education sector, plans by one of India’s leading educational providers is to set up a new $180m university in Kuala Lumpur have been welcomed.
Malaysia’s banking sector is riding high with leading lenders posting strong results for the first half of the year and foreign players attracted to an increasingly liberalised financial environment.
Malaysia’s central bank has stepped in to lower the temperature of the real estate sector, restricting access to credit for those buying third or subsequent residential properties. However, authorities are playing down speculation over a bubble, describing the intervention as a measure to keep housing affordable.

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