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Most Malaysians cannot afford to retire

MALAYSIA is ageing, and the population over 65 should come to 15% of the population by 2035. Current Employees Provident Fund (EPF) savings for most Malaysians are barely enough for a decent life after retirement. Meanwhile, Malaysian life expectancy has been rising. Life expectancy at birth in 2015 was 72.5 years for males and 77.4 […]

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Singapore needs to be on guard for inflation pickup: Menon

[SINGAPORE] Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth continues to strengthen, and under those circumstances, the central bank – like others around […]

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Japanese investors eye the Cambodian market

A group of Japanese investors are now visiting Cambodia in search of business opportunities in manufacturing and the service sector. Ith Sam Heng, the Minister of Labour and Vocational Training, met yesterday with Yoshio Kondo, the director of Procast Asia, who is leading a delegation of businessmen from the Toukaizaikai Association, an organisation that has […]

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