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The race to invest in Indonesia

Indonesia is seeking to spur much-needed investment in infrastructure projects to revive its pandemic-battered economy with the launch of a sovereign wealth fund. The government got the ball rolling last week with a pledge to inject up to US$5.3 billion in initial capital between now and the end of the year. Some of the priority […]

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Thailand: Car manufacturers in race to bag chips

Domestic car manufacturers are racing to increase purchase orders for semiconductors to avoid cutting their production capacity as a result of a global shortage of chips for cars. Representing the control centre of modern cars and electrical appliances, these semiconductors are now in short supply, intensifying the competition to obtain them. The global chip shortage […]

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Malaysia: Enough liquidity to cope

PETALING JAYA: The statutory reserve requirement (SRR) ratio will unlikely see any cut this year amid the economy showing signs of sluggishness over the next couple of months underpinned by ample liquidity in the banking system. SRR is non-interest bearing balances that commercial banks are required to keep with the central bank. It is also […]

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