Malaysia on Monday moved to boost foreign investment in financial services, although the opening fell short of expectations as ownership caps on commercial banks were not raised. Prime Minister Najib Razak said that foreign ownership caps for insurers and investment banks would be raised to 70 percent from 49 percent and that new foreign-owned Islamic [...]

Malaysia has the vaccine for swine flu which can be used to stop the spread of the disease to this country. Veterinary Services director-general Datuk Dr Abd Aziz Jamaluddin said the H1N1 vaccine should be injected into pigs as a preventive measure following reports of 81 people killed by the swine flu in Mexico. He [...]

What is swine influenza? Swine influenza, or “swine flu”, is a highly contagious acute respiratory disease of pigs, caused by one of several swine influenza A viruses. Morbidity tends to be high and mortality low (1-4%). The virus is spread among pigs by aerosols, direct and indirect contact, and asymptomatic carrier pigs. Outbreaks in pigs [...]

The Immigration Department has gone on the alert over a swine flu outbreak in Mexico and is ready to work closely with the Health Ministry to prevent the spread of the disease to Malaysia, its director-general Datuk Mahmood Adam said today. “We are awaiting instructions from the Ministry of Health by tomorrow and we will [...]

Malaysia’s government said it has scrapped a 30 percent requirement for ethnic Malay ownership of investments in some service sectors as it tries to boost the country’s flagging economy. The move Wednesday marks a dilution of the country’s politically sensitive affirmative action program, which aims to uplift Malays who are a majority but lag economically. [...]

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