malay01
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Malaysia: Govt seen able to improve on its fiscal deficit level

PETALING JAYA: Expectations that the fiscal deficit level will decrease are running high on the back of rising sentiment on crude oil prices. The Malaysian government should be able to improve on its fiscal deficit level, on the back of fiscal spending discipline and crude oil price averaging between US$70 and US$80 per barrel, said Alliance Bank Malaysia Bhd chief economist Manokaran Mottain. The fiscal deficit guided for […]

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phil01
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Philippines: Hot money inflows highest in 4 months

MANILA, Philippines — Foreign portfolio investment inflows hit a four-month high of $225.85 million in August, reversing a net outflow of $57.52 million in the same month last year on the back of good second quarter corporate earnings results. According to the Bangko Sentral ng Pilipinas (BSP), last month’s foreign portfolio or hot money inflow […]

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Leading solar firm to increase investment in Cambodia

With one of the world’s highest average peak sun hours, Cambodia is an attractive market for any company operating in the thriving global solar industry. Indeed, one of the world’s largest manufacturers of photovoltaic (PV) panels, is now seeking to increase its presence in the country. A representative of Shanghai-based JinkoSolar, who joined the Cambuild […]

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th02
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Siam Piwat pounces on opportunities in Vietnam

Siam Piwat Co, the operator of Siam Center, plans to branch out into Vietnam over the next 3-5 years to capitalise on the country’s growing economy.  Vietnam is an attractive market for Siam Piwat because the government is stable, the economy continues to grow and there are few big shopping complexes like the ones Siam Piwat […]

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lim guan eng gst money
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Malaysia can grow 5% and handle its debts

HONG KONG: Malaysian Finance Minister Lim Guan Eng said on Thursday that the Southeast Asian country can sustain 5 percent annual economic growth as its new administration reviews mega projects and copes with hefty debts left by the previous government. In August, Malaysia cut its 2018 growth forecast to 5 percent, from 5.5-6.0 percent and reported much […]

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