Islam or investment: state told to vote money or vote religion

Article Abstract:

Malaysia's ruling National Front coalition is waging a high-stakes campaign in Kelantan, the only province it does not control, to reassert itself in the approaching but unscheduled elections. The National Front is depicting Kelentan's ruling Islamic party, Parti Islam (Pas), as economically incompetent, but Pas is counting on its strong religious identity to insulate it from such attacks. Even some of the coalition's members do not expect to sweep to victory, but they hope to garner a few seats their while limiting Pas gains.

Political activity, Malaysia, United Malays National Organization (Malaysia), Islam, Religion and state, Islamic Party (Malaysia), Islam and state

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It's a jungle out there

Article Abstract:

Singapore has launched a major initiative to encourage state-owned companies to invest overseas. The country has built an extremely successful economy in an environment controlled by a paternalistic government but whether this approach can work overseas remains a question. Singapore has virtually run out of room to grow at home and must rely on overseas expansion for continued economic growth. Singapore companies are investing heavily in emerging Asian economies including those of Thailand, Vietnam and Burma.

International trade, Economic policy, Singapore, Asia, Trade policy, Commercial policy

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More vice, investment

Article Abstract:

Ho Chi Minh City, Vietnam is beginning to resemble the old Saigon as it adopts free-market economics that has resulted in more vice and higher conribution to the country's economy. Numbers of homeless people, drug addicts, child pickpockets and handicapped beggars and panhandlers are growing more rampant. However, the city accounts for a significant portion of the country's exports and imports, one third of its industrial production and most of its consumer goods output.

Economic aspects, Cover Story, Ho Chi Minh City, Vietnam

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