Malaysia

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With the price of crude palm oil continuing to reach record prices, and demand forecast to surge at a higher pace than supply, Malaysia's palm oil sector is poised to continue its recent run of strong revenue and export performance.
In the past month, Malaysia has witnessed two high-profile announcements of Gulf-based consortia each investing over $1bn into the country.
Malaysia announced its budget for 2008 on September 7. With reductions in the corporate tax rate and stamp duties, the budget is considered by most to be pro-business and investment friendly.
As Malaysia celebrated its 50th anniversary of independence, the tourism industry was celebrating what is on track to become a record year for visitor numbers and tourism spending.
Malaysia is embarking upon a development programme as a key project under the 9th Malaysian plan and a catalyst for economic advancement.
Malaysia has announced it will ease rules to allow non-Islamic commercial and investment banks to offer Islamic banking in foreign currencies.

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