Malaysia bonds fail to lure buyers, despite good yield: economic and political risks facing the country strike investors as too intimidating
Article Abstract:
Investors are still shying away from investing in many blue-chip Malaysian bonds due to the fickleness shown by the government in its investment policies. Stocks such as those of Petroliam Nasional are showing good yields on investments, as much as 1,000 basis points, due to its dollar-denominated nature. But the Malaysian government's wavering stand on foreign investments in its capital market has scared many investors away to safer investment havens.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Foreigners spy loopholes in Malaysia's capital controls
Article Abstract:
Foreigners may be able to get around that country's capital controls as there are loopholes which may be used with regards dividends, rentals, commission, profits and derivatives. There are no restrictions upon presentation of documentary evidence to banks so investors can repatriate dividends, interest, rental, commissions and profits. Moreover, foreigners wishing to trade in derivatives may do so by converting balances into foreign currency.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Malaysia strives to lure its fund managers home
Article Abstract:
Malaysia is enticing Malaysian fund managers working abroad to return home as part of its efforts to build a strong fund-management industry. Most Malaysian fund managers work in Singapore's financial centers. However, fund managers, mostly Malaysian-Chinese, are dissuaded from returning to Malaysia because of the low pay and the government's policy of granting more educational and professional privileges to bumiputras, or native peoples.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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