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By Munir Abdul AzizWong & PartnersTel: +603 2298 7854 Fax: +603 2282 2669 Website: www.wongpartners.com
Like most export driven economies, the Malaysian economy was adversely affected by the global financial crisis (GFC). However, as we approach 2012, it appears that Malaysia has weathered the GFC relatively well, and the economy is now growing strongly again. Substantial government stimulus, low interest rates and rising trade with emerging economies have driven the economic rebound. And a number of progressive developments have recently been made to the laws and regulations in various areas.