Malaysia says won't impose capital controls

Malaysia does not intend to adopt a similar stance as Thailand by imposing capital controls, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Wednesday 20 December.

He told reporters this was because Malaysia was financially strong after it embarked on measures and a policy of liberalising the financial system to strengthen the ringgit.

"The people should not be unduly worried by the Thai government's decision as our financial position is strong," said the Prime Minister who is on a three-d