KUALA LUMPUR: Trade wars will not benefit any country in the long term, says International Monetary Fund (IMF) managing director Christine Lagarde. She said a trade war, despite offering a seemingly “short-term fix” which looks like a great opportunity for certain countries, would not necessarily develop into a long-term benefit with regards to expenditure and […]
Read MoreKUALA LUMPUR: Malaysia needs to increase its productivity if it is to achieve its goal to become a high-income nation in the next decade, said International Monetary Fund (IMF) managing director Christine Lagarde. She said despite the economic success over the past 20 years, Malaysia’s productivity did not grow as much as the country […]
Read MoreMANILA, Philippines — Debt watchers S&P Global Ratings and Moody’s Investors Service said the Philippine economy would continue to provide sound growth opportunities for Philippine banks. S&P said the Philippine economy’s strong growth trajectory would drive constructive development outcomes and close infrastructure gaps, while supportive fiscal policies and an improving investment climate would aid growth. […]
Read MoreAn oversupply of fresh palm nuts has prompted authorities to boost prices by marking up the price of cooking palm oil, much to the dismay of retailers. While such a move could boost palm nut prices, it could also impact food prices and the cost of living. Global crude palm oil (CPO) production is estimated […]
Read MoreMANILA, Philippines — Global leader digital payments provider Visa has outlined a robust approach for strengthening payments security in the country over the next three years. Dan Wolbert, Visa country manager for the Philippines and Guam, said payment security has always been a key pillar of focus for the company. The launch of its Future […]
Read MoreKUALA LUMPUR: Malaysia’s asset management industry which has grown rapidly over the last decades has shown signs of a slowdown amid fundamental shifts which are expected to alter the business landscape, said Securities Commission Malaysia (SC) chairman, Datuk Syed Zaid Albar. He said over the past 20 years, the industry had been recording strong growth […]
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Thailand
