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Malaysia: Domestic demand to spur growth

PETALING JAYA: Economists expect the gross domestic product (GDP) growth momentum to ease from the fourth quarter of this year (4Q22) after posting a robust growth of 14.2% in the 3Q22. Having said that, they pointed out that the economic strength going forward would be buoyed by domestic demand. The GDP has beaten Bloomberg’s median […]

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Vietnam: Seaport ventures to rake in new funds

The Ministry of Transport this month submitted a report requesting approval to implement the master plan for Vietnam’s seaport system for the 2021-2030 period. In the report, the ministry (MoT) announced three lists of investment projects to develop seaport infrastructure, comprising 18 public investment projects in the maritime sector worth over $1 billion; a list […]

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G20 Bali summit to boost confidence in global economic recovery

Xinhua – The 17th Group of 20 (G20) Summit, scheduled to take place here from Tuesday to Wednesday, is expected to build global consensus and bolster confidence in world economic recovery. Experts and business leaders worldwide pin their hope on major economies to strengthen coordination on macroeconomic policies and promote multilateralism, openness, inclusiveness and win-win cooperation. […]

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Philippines: BSP pushes ASEAN cross-border payment

MANILA, Philippines — The Philippine central bank has joined the push for a regional payment connectivity among member economies of the Association of Southeast Asian Nations (ASEAN). The Bangko Sentral ng Pilipinas (BSP), Bank Indonesia (BI), Bank Negara Malaysia (BNM), Monetary Authority of Singapore (MAS) and Bank of Thailand (BOT) have agreed to strengthen and […]

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