Will the exchange control
measures be effective in Malaysia?
But the government's watchful eye - manifested through the proposal and approval process, exchange controls
and a cultural belief that 10 percent to 15 percent is a fair rate of return - may dampen those expectations.
The investors and the business public are encouraged to fully satisfy the information requirements on their initial submissions to the Exchange Control
Department, in order for their applications to be promptly processed.
Those countries which were crisis-hit and did not adopt exchange controls
were all helped by the IMF (International Monetary Fund), but in our case the selective exchange control
system enabled us to concentrate and use our own domestic resources to push demand.
To enable broader application of state-of-the-art technologies, the NBU has extended the list of documents to include e-documents to be submitted to the NBU and used for the purposes of information sharing with public authorities responsible for foreign exchange control
His store, Ciclos Segura, is nearly empty of new bicycles, and the government's currency exchange controls
mean he has little chance of obtaining more of the expensive, imported cycles he sells.
The contract is the reconstruction of the existing WWTP Sand blower room and exchange control
Prime minister, Ranil Wickremesinghe, said the exchange control
act would be reformed into an 'exchange management act.
In a move to stem short-term "hot money" speculators whom Mahathir has blamed for derailing Malaysia's currency and overall economy, the country imposed various capital and exchange control
measures last Sept.
The central bank's action will see dividends, land sale income, insurance payments, management fees and airline ticket payments over USD425,800 coming under exchange control
Mohamed Ariff also expressed concern that there will be a large outflow of capital from the country in September 1999, the result of the 12-month holding requirement under exchange control
For us the selected exchange control
measures do not -- and I would like to emphasize -- do not impinge upon any of the rights of direct foreign investors in these areas,'' she told a press conference at the end of the annual ASEAN trade ministers meeting.