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Malaysia: Business confidence among Malaysian firms improves for the third consecutive quarter

KUALA LUMPUR: Business sentiment among Malaysian companies improved further for the third consecutive quarter in the fourth quarter (Q4 17), reaching its new peak in six consecutive quarters.  According to Dun & Bradstreet (D&B) Malaysia’s Business Optimism Index (BOI) study, overall BOI climbed from +3.40 percentage points in Q3 17 to +5.52 percentage points in […]

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Vietnam: 2017 GDP growth target of 6.7% in sight: NFSC

HANOI – The National Financial Supervisory Committee (NFSC) anticipates gross economic growth of Vietnam in 2017 will be more than 6.7 per cent. The target, several months ago, was forecast to be beyond reach. NFSC said the Government’s policies to improve investment climate and promote businesses posted positive results and fuelled gross domestic product (GDP) […]

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Indonesia: BI to Distribute E-Money Cards for Free

TEMPO.CO, Jakarta – Bank Indonesia (BI) announced that it would distribute electronic money (e-money) cards for free on October 16-31. Pungky Wibowo, director of electronic money at the BI’s payment system policies and supervisory department, said in Jakarta on Tuesday, October 10, 2017, that the toll road users who have not acquired e-money cards yet would be given […]

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Vietnam Airlines, Air France sign cooperation pact

HANOI: Vietnam’s flag carrier and Air France have signed an agreement to deepen their cooperation to tap the growing travel market between Vietnam and Europe. Vietnam Airlines and Air France have been cooperating for 20 years on aircraft maintenance and crew training and began code-sharing in 2010, but they said the partnership agreement signed by […]

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Indonesia: Rupiah Strengthens over Positive Domestic News

TEMPO.CO, Jakarta – Analysts project the rupiah exchange rate to strengthen again this week, supported by positive domestic news. “It is estimated that the rupiah will be in the support range of Rp13,595 and a resistance level of Rp13,448 per US dollar,” Binaartha Securitas analyst Reza Priyambada said in Jakarta, Sunday, 8 October. The rupiah appreciation is […]

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