malay01
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Malaysia: Downside risks expected to persist

KUALA LUMPUR: Given the drop in global trade from the Covid-19 outbreak, coupled with a global tech downcycle and weaker commodity prices, the downside risks on Malaysia’s exports and imports are expected to remain in the near future. AmBank Research said the downside risks on Malaysia’s exports and imports are reflected by the poor manufacturing […]

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phil01
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Philippines banks least affected by COVID-19 outbreak — Fitch

MANILA, Philippines — Philippine banks are sufficiently capitalized and are less likely to be affected by the impact of the coronavirus disease 2019 (COVID-19) global outbreak, according to Fitch Ratings. The debt watcher said the Philippine economy’s exposure to Chinese flows is relatively light and the banking system’s credit exposure to the hospitality sector is […]

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