Malaysia

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Economic growth will slacken in Malaysia at the end of the year, continuing into 2015 as revenues from oil and other commodities plummet, but structural reforms will help mitigate these effects as well as lower debt. 

Major investments in Malaysia’s 2015 budget are set to strengthen the ICT sector by funding infrastructure expansion and providing support for both research and development (R&D) and private sector training.

The tourism industry in Sarawak is in the spotlight as sporting events and cultural festivals are being showcased as part of the wider Visit Malaysia (VMY) 2014 tourism campaign. However momentum must be continued beyond this year’s festivities in order to attract further tourism revenue and investment.

High levels of state and private sector investment will drive double-digit growth in Malaysia’s construction industry this year with momentum likely to be maintained into 2015 as more infrastructure projects roll off the drawing board.

 

Those who have spent more than a week in Malaysia will have certainly noticed the long titles commanded by one of the country’s nine royal families or will have asked themselves what is the difference between Dato and Datuk, Tun and Tunku. Ask a local and more often than not they too will have great difficulty breaking the code. There is a...

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