The government’s target to achieve high-income nation status by 2020 is still within reach based on the World Bank’s per capita Gross National Income (GNI) threshold of US$12,476 for 2015, said Permodalan Nasional Bhd Group Chairman Tan Sri Abdul Wahid Omar. He said last year, Malaysia’s GNI per capita had risen to RM36,078 (US$8,409) and […]
Read MoreAsia’s economic growth and progressive economic integration, alongside strengthened cross-border supply chains, remains intact, albeit at a moderate level, said Labuan Financial Services Authority (FSA) Director-General, Datuk Ahmad Hizzad Baharuddin. He said in line with regional economic expansion, investors are attracted to higher Asian assets and investment portfolios, whilst the number of high net worth […]
Read MoreVietnam targets economic growth in the final quarter of this year of 7.1%-7.7% percent, a government senior official said on Saturday. The rate will help the country achieve full-year growth of 6.3-6.5 percent, government spokesman Mai Tien Dung told a news conference. “The speed of economic growth will affect public debt,” Dung said. The government […]
Read MoreCrude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended slightly higher Friday, supported by mild buying, a dealer said. The dealer said the commodity was lifted by the weakening ringgit, which was quoted at 4.1970/1020 to the greenback from the 4.1810/1900 recorded on Thursday. It was reported that the benchmark palm oil futures […]
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Thailand
