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Malaysia: Strengthen reforms, transparency

PETALING JAYA: With Malaysia hit by its first rating downgrade in over 20 years, there is an urgent need for the government to address concerns raised by one of the world’s largest rating agencies. Among others, these concerns include domestic political uncertainties, weakened public sector finances and still-fragile economic growth. Failure to sufficiently address the […]

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Philippines: Better food delivery to stabilize prices

MANILA, Philippines — The government needs to help smoothen the movement of food items to help normalize prices following a spike in November that was caused by the series of typhoons that hit the country, according to the Department of Finance (DOF). In his latest economic bulletin, Finance Undersecretary Gil Beltran said inflation in November […]

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Philippines: FFCCCII hopes for 7.5% economic expansion

MANILA, Philippines — Business group Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) expects the economy to recover and post a 7.5 percent growth by next year with the further reopening of more sectors. “We at the FFCCCII strongly support the country’s approach to gradually reopen our Philippine economy, while still upholding strict […]

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