malay03
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Malaysia: Domestic demand likely to support economy

IN its 2018 annual report, Bank Negara has been realistic of the global uncertainties, as it has revised its forecasts lower as compared to the previous Treasury’s projection (gross domestic product: +4.9%) to a range of 4.3% to 4.8%in 2019. Slowdown is imminent in investment flows, external demand and growth in major industrial nations. In […]

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malay02
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Malaysia cuts 2019 economic growth forecast to 4.3-4.8%

KUALA LUMPUR: Malaysia‘s central bank on Wednesday lowered its economic growth expectation for this year and forecast a significant drop in export expansion due to a slowdown in the global economy and the US-China trade war. The economy is expected to grow 4.3-4.8% this year, Bank Negara Malaysia said in its annual report. In November, the central bank and the government had forecast 4.9% growth for […]

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phil01
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Think tank sees soft landing for Philippine economy

MANILA, Philippines — Amid the slowdown in the global economy, a soft landing can be expected for the Philippines this year, UK-based Oxford Economics said in a research brief yesterday. For the country, this entails a transition from a fast growth trajectory to a slower or flat growth path while avoiding recession. The macroeconomy research […]

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Thailand: Central looks past politics, eyes growth

No matter who forms the next government, Central Pattana, the SET-listed retail and property company, is committed to further investment in Thailand’s 3.6-trillion-baht retail market.  The company looks to set aside 18.7 billion baht this year to finance its new mall projects and property development handled by Grand Canal Land (GLAND), the firm it acquired […]

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