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Malaysia’s industrial output up 3.5% in January

PETALING JAYA: Malaysia’s industrial output rose 3.5% in January from a year ago, underpinned by gains especially in the manufacturing sector, which was below Bloomberg’s survey of a 5.3% increase. The Statistics Department announced yesterday the industrial production index (IPI) was supported a 4.6% increase in manufacturing, mining (1.1%) and electricity (1.1%). “The manufacturing sector […]

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Indonesia Gears Up for IMF, World Bank Annual Meetings

TEMPO.CO, Jakarta – Indonesia is gearing up for IMF and World Bank Annual Meetings in October 2018 in Bali. Transportation Minister Budi Karya Sumadi said he will provide adequate transportation for the annual meeting. “The Transportation Ministry’s role is to provide transportation services, particularly airports,” he said after a coordinated meeting at the Coordinating Ministry of […]

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Cambodia: Central bank sets interest rate cap

The National Bank of Cambodia yesterday set an interest rate cap of 18 percent per annum for microfinance institutions, deposit-taking MFIs and licensed rural credit institutions to help the poor, curb over-indebtedness and reduce poverty. However, some industry insiders said the move will have the opposite effect, adversely affecting both financial institutions and the poor […]

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Malaysia: Introducing green investments

KUALA LUMPUR: The Asean Capital Markets Forum (ACMF) has collaborated with the International Capital Market Association (ICMA) to introduce Asean Green Bond Standards. This initiative would facilitate Asean capital markets in tapping green finance to support sustainable regional growth and meet investor interest for green investments. Among key initiatives endorsed at the 26th ACMF meeting […]

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CLMV parliaments share public investment experiences

The parliaments of Cambodia, Laos, Myanmar and Vietnam (CLMV) shared experiences in monitoring and managing State budget and public investment during a conference in Phnom Penh on Monday. Addressing delegates at the launch of the conference, Cambodian National Assembly (NA) leader Heng Samrin said the event was an opportunity for the legislative bodies of the […]

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