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Malaysia: Challenging new norms for the surviving SMEs

DURING a prolonged economic crisis, Malaysian small and medium enterprises (SMEs) are likely more vulnerable to an economic downturn due to their limited financial capabilities and high-dependence on banks’ credit compared to larger firms. On top of the financial aspects, SMEs’ relative shortcomings in terms of technology and resources would also reduce their ability to […]

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Philippines: Government debt-to-GDP ratio eases in 2019

MANILA, Philippines — The ratio of the country’s consolidated general government debt to gross domestic product (GDP) slightly eased to 34.1 percent in 2019 on the back of the government’s prudent debt management strategy, according to the Department of Finance (DOF). In a statement, the DOF said the general government debt as of end-December 2019 […]

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Vietnam emerges as popular industrial property destination: CBRE

Vietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their supply chains throughout Asia, according to CBRE. The US-China trade conflict benefited Viet Nam’s industrial property market in 2019 as manufacturers began shifting production to alternative markets. Average asking rents […]

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Philippines: Inflation seen steady at 2.5% in July

MANILA, Philippines — Economists expect inflation to remain benign at 2.5 percent in July due to weak demand for goods owing to the coronavirus pandemic. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said consumption demand remains tepid amid the COVID-19 outbreak. Global oil prices would also remain subdued, keeping price levels […]

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