Malaysia

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The face of Malaysia's banking sector is set to change next year, with a number of new overseas banks in line to receive licences to enter the market, a move that is expected to increase competition and stimulate domestic lenders to improve services.
Malaysia is looking to genetics to help its palm oil industry improve productivity, while enhacing the image of the sector at a time when it is seeking to capture a bigger share of the global vegetable oil market.
Long one of the pillars of the country's economy, Malaysia is now looking to build on the value of its timber industry, aiming to expand into new markets, while guaranteeing the sector's future through improved management practices, higher investments and a greater emphasis on sustainability.
Already one of the largest bond markets in Asia, Malaysia is working to expand its bond activity horizontally and vertically, extending the scope of existing products while planning to offer new products to attract more funds.
One of Malaysia's largest industries will soon be subject to a major overhaul, with the government preparing to unveil the results of a wide-ranging review of the automotive sector and the state policies that govern the industry.
Like many sectors of the Malaysian economy, the country's transport industry has experienced a decline in activity due to the global recession. Though there are some signs that Malaysia's transporters are again moving in the right direction, other signals suggest a full recovery is still some time off.

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