Malaysia

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With some pensioners faced with shrinking retirement funds, the financial turmoil might present the perfect opportunity for the Malaysian government to aggressively promote its Malaysia My Second Home (MM2H) programme.
While Barbados' financial institutions are relatively insulated from the international crisis, the country is making moves to buffet its economy against the longer-term effects of the global economic slowdown.
On October 22, shares on the Bursa Malaysia declined in line with other Asian stock exchanges as fears of a global economic slowdown and lower commodity prices weighed heavily on the stocks.
Malaysia's favourable business climate and ongoing reform programme rank it in the top 25 countries in the world in terms of competitiveness, according to the World Economic Forum (WEF).
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.

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