Financial Times FT.com

Malaysia in major liberalisation drive

By John Burton in Kuala Lumpur

Published: June 30 2009 07:06 | Last updated: June 30 2009 07:06

Najib Razak
Najib Razak: bold reforms have undermined the legacy of his father who, as prime minister in the 1970s, gave preference to ethnic Malays

Malaysia announced on Tuesday extensive economic liberalisation measures to attract foreign investments, including changes to its long-standing policy of giving preferential treatment in business to the country’s ethnic Malay majority.

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