Malaysian FSI and GM

Prime Minister and Minister of Finance Datuk Sri Najib announced the new liberalization policy of Malaysian Financial Policy recently. Many licenses to open new banks will be given to foreigners. But the most interesting part is foreigners can now own up to 70% in Insurance and Takaful companies (Islamic Insurance). This open door policy is most welcome especially during this period of uncertainty.

As for GM the decision to close more dealerships and lay off more workers is expected. But I am truly eager to know the outcome of the said merger between Chrysler and Fiat. I guess what Lee Iococa did for Chrysler then is not RELEVANT now. Somehow I forgot the contents of Lee Iococa's book which I read in 1988.

Each day passed and I am hoping for better news such as now my asthma has faded quite substantially. Today I managed to plant one banana trunk at my farm.I have not done so since December 2008.