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Singapore CBD to see identity shift

STATE planners unveiled a scheme on Wednesday to try to make “work- live-and-play” more of a norm throughout the currently office-dominated Central Business District (CBD), which is likely to get developers crunching their numbers for possible redevelopment. Minister for National Development and Second Minister for Finance Lawrence Wong announced the CBD Incentive Scheme at the […]

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Starting salaries for higher-educated graduates in Malaysia are falling – here’s why that’s worrying

Things aren’t looking so great for Malaysian employees. According to Bank Negara’s annual report for 2018, starting salaries for fresh graduates and graduates seem to be shrinking together with the demand for high-skilled jobs. Released on Wednesday (March 27), the report said that starting salaries in 2018 for diploma, basic degree, honours degree, and masters degree holders […]

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Malaysia: Domestic demand likely to support economy

IN its 2018 annual report, Bank Negara has been realistic of the global uncertainties, as it has revised its forecasts lower as compared to the previous Treasury’s projection (gross domestic product: +4.9%) to a range of 4.3% to 4.8%in 2019. Slowdown is imminent in investment flows, external demand and growth in major industrial nations. In […]

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Malaysia cuts 2019 economic growth forecast to 4.3-4.8%

KUALA LUMPUR: Malaysia‘s central bank on Wednesday lowered its economic growth expectation for this year and forecast a significant drop in export expansion due to a slowdown in the global economy and the US-China trade war. The economy is expected to grow 4.3-4.8% this year, Bank Negara Malaysia said in its annual report. In November, the central bank and the government had forecast 4.9% growth for […]

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