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Fitch raises Malaysia 2019 GDP growth forecast to 4.6%

KUALA LUMPUR: Fitch Ratings has revised its 2019 growth forecast for Malaysia to 4.6%, from 4.2%, after the country reported stronger-than-expected growth in the first half. Malaysia’s central bank reported second-quarter economic growth of 4.9% last Friday, making South-East Asia’s third-largest economy the only one in the region to show some acceleration from the first […]

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Myanmar continues coal-plant plans

Coal-fired plants will continue to be in use despite objections by different groups on grounds of health and environmental pollution, Ministry of Electricity and Energy deputy minister U Tun Naing said. He told the Amyotha Hluttaw, the upper house of Myanmar’s national bicameral legislature, that the government intended to go ahead with the construction of […]

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Asean consumers favour automation

People in Asean are positive about completely automated interactions with brands, according to the Adobe Experience Index, which gauges consumer expectations. The global index, which surveyed eight global markets, looks into consumer attitudes towards technology, automation, human interaction and future innovations. These eight markets consist of India, Asean, the US, Britain, France, Germany, Japan and […]

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