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Malaysia: Asia's newest financial powerhouse
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Malaysia's main employment centres are Kuala Lumpur, George Town and Ipoh.

Popularly known as KL, Malaysia's capital, Kuala Lumpur, has a large number of foreign corporations and is also host to many multi-national companies' regional offices or support centres, particularly in finance, accounting and information technology.

KL is also poised to become the global Islamic finance hub with an increasing number of financial institutions offering Islamic finance services. There are already several of the world's largest Islamic banks in KL, including Al-Rajhi Bank  and Kuwait Finance House.

Major companies with a presence in Malaysia include ABN AMRO Bank, Accenture, ANZ, AXA, BHP, BNP Paribas, BP Asia Pacific, BT International, Citicorp, Coca-Cola, Credit Suisse First Boston, Dell, Deloitte, Deutsche Bank, EMI, Ericsson, Hewlett-Packard, HSBC Bank, JP Morgan, KPMG and Zurich Insurance.

In June 2007, CPA Australia and the Malaysian Institute of Accountants signed a mutual recognition agreement establishing guidelines under which members may be able to gain reciprocal membership.

Foreigners wishing to study in Malaysia or undertake contract employment must have the approval of the Immigration Department before they enter Malaysia.

If you find a job there before you arrive, you might be granted an employment pass or professional pass by the employer. The right to work in Malaysia is limited to a particular job with a particular employer. Usually, employment passes are limited to several years duration.

Further information

 

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Page last updated: Wednesday, 15 October 2008
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