Malaysia

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Last month, HSBC Bank Malaysia became the first locally incorporated foreign bank to be awarded a licence to operate an independent Islamic banking subsidiary in the country.
The Malaysian stock exchange is bracing itself for the debut of the re-formed Sime Darby, the special-purpose vehicle created by the merger of three of the largest palm plantations in the country.
On November 23, the United Arab Emirates unveiled its plan for an environmentally friendly city that would use up to 60% less energy than conventional cities, one of a host of environmental policies recently announced.
After two years of speculation, an alliance between Malaysian communications providers DiGi and TIME dotCom (TdC) has finally come to fruition.
Trade and investment between Malaysia and countries in the Gulf Co-operation Council region have been growing in recent months.
International ports operator Dubai Ports World is looking at generating billions of dollars following the floatation of a 20% stake of its shares between November 4-15, in what should be the largest initial public offering yet seen in the Middle East.

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