Malaysia

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The Malaysian government has unequivocally clarified that it will not be repegging the ringgit to the dollar.
Malaysia is looking to build on its reputation as an Islamic finance centre by maximising its competitive advantages, forging ahead with international expansion, and strengthening the regulatory framework.
Although the global economy is flirting with recession, Dubai is recording strong growth in foreign trade, with imports, exports and re-exports more than doubling in the first six months of this year.
Palm oil prices continue to slide, with worrying short-term consequences for Malaysia, the world's second biggest palm oil producer.
Malaysia's first half trade figures show impressive growth in exports and an increasing surplus. Nonetheless, the second half may prove tougher going, though the government is confident that targets can still be reached.
The hunt for a foreign partner for Malaysian automobile firm Proton may be back on again, but a broader liberalisation of the automotive sector looks off the agenda.

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