Malaysia

Investment Climate Statement 2015

By:

United States Department of State

Format:

Paperback / softback

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Description

Malaysia has one of the world's most trade-dependent economies with trade reaching 165% of annual GDP according to the World Trade Organization. The Malaysian government values foreign investment as a powerful force for the continued economic development of the country, but is hampered by restrictions in some sectors and an at times burdensome regulatory regime. However, the government continues to liberalize and in some cases remove investment restrictions. In 2009, Malaysia removed its former Foreign Investment Committee (FIC) investment guidelines, enabling transactions for acquisitions of interests, mergers, and takeovers of local companies by domestic or foreign parties without FIC approval. While the FIC itself still exists, it now only reviews the purchase by foreigners of commercial properties valued greater than at MYR 20 million (approximately USD 6.5 million) from the bumiputera (ethnic Malays and other indigenous ethnicities in Malaysia).

Release date Australia

April 19th, 2016

Author

United States Department of State

Audience

General (US: Trade)

Contributor

Edited by Penny Hill Press

Pages

Dimensions

216x280x1

ISBN-13

9781532814433

Product ID

37582814

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