tag:blogger.com,1999:blog-6297413898275266606.post412627638623353733..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: The Impact Of Financial Liberalisationhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6297413898275266606.post-91183196959198487322012-07-06T12:06:30.125+08:002012-07-06T12:06:30.125+08:00@Shrey,
I believe that Bank Negara is committed t...@Shrey,<br /><br />I believe that Bank Negara is committed towards further liberalisation of the financial sector in Malaysia, and that extends to Islamic banking as well. As to whether its worthwhile backing foreign acquisitions of Malaysian assets, I'm no expert in this area and probably the wrong one to ask. I do know there exist limits on ownership shares of existing banks (much like hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-77500944356068348812012-07-05T18:05:53.189+08:002012-07-05T18:05:53.189+08:00I know this was posted over a year ago, but I woul...I know this was posted over a year ago, but I would really appreciate your insight on the current speculation that there will be further reforms/liberalization with regard to the islamic banking sector. Do you rekon that foreign banks are likely to aquire more assets and if so do you think it would be beneficial for a third party to back them in doing so?Shreynoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-37690363149005114412011-02-10T14:24:57.878+08:002011-02-10T14:24:57.878+08:00The other competitive advantage we have lost is in...The other competitive advantage we have lost is in the skilled and language proficient category of labour. Its kinda sad to see 14 year olds in an urban area unable to use an ATM machine that only has an English menu (true story).<br /><br />Anecdotal evidence seems to lend credibility to concerns about Malaysia's legal system. On top of the flip flopping policies and increased risk of tanstaaflnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-49531404157111594412011-02-10T09:15:25.562+08:002011-02-10T09:15:25.562+08:00Good points all, though I'd point out that the...Good points all, though I'd point out that the decline in competitiveness is also partly attributable to the Dollar peg, as the USD was rising against most currencies from 1998-2002. And once we lost it, some investors just didn't bother coming back - China was emerging at that very same period.<br /><br />The difference between us and China is that investors know its tough to get money hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-15024423722134801362011-02-10T01:43:28.228+08:002011-02-10T01:43:28.228+08:00Financial liberalization or lack thereof is just o...Financial liberalization or lack thereof is just one factor in investment flows is it not? Certainly, it didn't seem to stop foreign investments in China even when profit repatriation was extremely difficult.<br /><br />It seems unfair to put all or most of the blame for the current state of capital flight on the measures introduced during the 1997-1998 crisis. Let's not overlook the tanstaaflnoreply@blogger.com