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If local banks are tiny, they may not be able to compete. So by consolidating these banks, the government hopes to make them strong to be able to compete
Analysis:Malaysia bank mergers seen nxt yr Nov 06, 2002
We would like to see Muslims and their countries express their and frustrations in a rational way
Malaysia PM warns Mideast egging terrorism May 15, 2002
While we must never excuse them for their counter-productive acts, we must nevertheless try to defuse their anger and the causes for it
Malaysia PM warns Mideast egging terrorism May 15, 2002
Tun Dr. Mahathir bin Mohamad (pronounced ; born December 20, 1925) is a retired Malaysian political figure. He was the fourth Prime Minister of Malaysia. He held the post for 22 years from 1981 to 2003, making him Malaysia's longest-serving Prime Minister, and one of the longest-serving leaders in Asia. During his term in office, he was credited for engineering Malaysia's rapid modernisation. Mahathir is also known for his criticisms of western and developed countries.
During his administration, he was considered to be one of Asia's most influential leaders. Mahathir is also noted in the Western world as an outspoken critic of Western-style globalization.
Mahathir was born in Alor Star, the capital of the northern Malaysian state of Kedah, the youngest of nine children of a schoolteacher and a housewife. His father, Mohamad Iskandar, was of half-Indian origin, being the son of a Malayalee Muslim (who migrated from Kerala) and a Malay mother, while Mahathir's own mother, Wan Tampawan, was Malay.