PETALING JAYA: Expensive property prices continue to put a heavy burden on the lower income group, placing homeowners with high mortgages among the most vulnerable to potential financial shocks. Bank Negara, in its half-year financial stability review, said while the share of household debt held by borrowers earning less than RM3,000 per month has declined, […]
Read MoreYangon is planning to build a logistics hub and truck terminal in the outskirts of the city to ease traffic congestion and provide enough parking space for trucks, said Yangon Region Planning and Finance Minister U Myint Thaung at the regional parliament. He was responding to U Kyaw Min Han, MP from Latha township, who […]
Read MoreSMALL and medium enterprises (SMEs) may be among the main beneficiaries of Malaysia’s Budget 2020, to be tabled on Oct 11, said analysts, as Finance Minister Lim Guan Eng has foreshadowed upcoming contingency measures to insulate the country from the fallout from the trade war between the United States and China. More government infrastructure projects may […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said it would further lower the reserve requirement ratio (RRR) by another 100 basis points as it is unlikely to step on the brake pedal for its easing cycle even after the attacks on the oil production facilities in Saudi Arabia. BSP Governor Benjamin Diokno told […]
Read MoreECONOMIC growth in South-east Asia is forecast to ease to 4.5 per cent this year from 5.1 per cent in 2018, before stabilising at the same rate of 4.5 per cent in 2020, British advisory firm Oxford Economics said on Thursday. The slowdown comes amid a fresh round of tariffs and trade restrictions by the […]
Read MoreThe Hanoitimes – Both sides tried to close gap on differences but failed to reach a mutual agreement in the end. CEO of ride-hailing firm Go-Viet Le Diep Kieu Trang has decided to step down from her position after five months in charge, local media reported. A representative of Go-Viet confirmed the information and said […]
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