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THERE has been much talk about corporate governance in East Asia, including Malaysia, following the 1997/98 economic crisis.
MASTER Builders Association Malaysia (MBAM) has expressed concern that the construction sector continued to decline in the fourth quarter of 2004, due to a decline in the number of Government jobs and infrastructure projects.
ISLAMIC banking practitioners and scholars should be able to foresee the needs of the market and roll out I>syariah/Iproducts and services in advance of conventional products to ensure continuous growth of Islamic banking globally, International Islamic University Malaysia deputy rector and I>syariah/Iadvisory council member of Bank Negara, Associate Professor Dr Mohd Daud Bakar, said.
The banking sector has come a long way since the launch of the Financial Sector Master Plan that envisaged the formation of banking groups of a certain size and strength. In her interview of the sector's performance and prospects, Bank Negara Governor TAN SRI ZETI AKHTAR AZIZ looks at the progress charted: new trends and growth areas. She sees that regional expansion is encouraged for the larger banks and shares further details on the liberalisation of the islamic sector.
SEVERAL strategies need to be considered to accelerate the integration of the Islamic financial system with the international financial system, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.