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SERC sees Malaysia GDP growing at 5% in 2017

KUALA LUMPUR: Malaysia’s economy is expected to grow at a faster this year driven by domestic demand and strengthening exports, says the Socio-economic Research Centre Sdn Bhd (SERC).  The research institution raised its 2017 gross domestic product (GDP) growth forecast for Malaysia to 5% from 4.3% previously. This compared with a GDP growth of 4.2% […]

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World Bank has committed over $2b in Myanmar as of June

The World Bank is currently supporting 43 active projects in Myanmar, Cambodia and Laos, with commitments of over US$2.7 billion as of June, according to the World Bank’s press statement. Myanmar accounts for over half of the total commitment in the three countries. 13 projects and over $2 billion are in Myanmar, with the remaining […]

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Thailand: Business hails labour law delay

Business leaders on Tuesday hailed the government’s decision to invoke the powerful Section 44 of the interim charter to delay enforcement of the new controversial labour regulation law for 180 days, saying the grace period is enough for local businesses to comply with the act. On Monday Big Business praised the government for bringing in new […]

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