Malaysia

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Asia attracts over 1.3m visitors annually for medical tourism and is expected to generate more than $4bn a year in revenues by 2012. Within five years, Malaysia is expected to bring in $590m in medical tourism receipts.
New initiatives were introduced last week as part of a government programme to improve the ease of doing business and shorten what has been considered a lengthy process for obtaining permits and business registration.
With a dramatic growth in the number of private universities over the past decade and the arrival of four international universities, Malaysia is aspiring to draw more foreign students and become a regional centre of excellence in education.
The official launch of Malaysia's East Coast Economic Region (ECER) will be announced by Abdullah Badawi, the prime minister, at the end of October. The ECER's primary goal is to reduce poverty in the eastern states of Kelantan, Terengganu, Pahang and the district of Mersing.
Telekom Malaysia, the country's largest telecommunications provider, has announced that it will split its mobile and fixed line businesses into two separately listed companies.
In September, Malaysia's Klang Valley - the area consisting of greater Kuala Lumpur - saw the opening of three new shopping malls with a total of 3m sq ft of retail space.

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