KUALA LUMPUR, 30 June 2009: Foreign shareholding limits in existing stockbroking companies will be increased to 70% from the current 49% in efforts to further enhance Malaysia’s position as a listing and investment destination, Prime Minister Datuk Seri Najib Razak announced here today. He also announced that with immediate effect, the Foreign Investment Committee (FIC) [...]

Updated 3.10pm on 23 April 2009 PETALING JAYA, 23 April 2009: The DAP has described the prime minister’s liberalisation of 27 services sub-sectors as a “baby step forward” in the right direction but said much more needed to be done. DAP national publicity secretary Tony Pua said the move demonstrated Prime Minister Datuk Seri Najib [...]