The government’s target to achieve high-income nation status by 2020 is still within reach based on the World Bank’s per capita Gross National Income (GNI) threshold of US$12,476 for 2015, said Permodalan Nasional Bhd Group Chairman Tan Sri Abdul Wahid Omar. He said last year, Malaysia’s GNI per capita had risen to RM36,078 (US$8,409) and […]
Read MoreAsia’s economic growth and progressive economic integration, alongside strengthened cross-border supply chains, remains intact, albeit at a moderate level, said Labuan Financial Services Authority (FSA) Director-General, Datuk Ahmad Hizzad Baharuddin. He said in line with regional economic expansion, investors are attracted to higher Asian assets and investment portfolios, whilst the number of high net worth […]
Read MoreVietnam targets economic growth in the final quarter of this year of 7.1%-7.7% percent, a government senior official said on Saturday. The rate will help the country achieve full-year growth of 6.3-6.5 percent, government spokesman Mai Tien Dung told a news conference. “The speed of economic growth will affect public debt,” Dung said. The government […]
Read MoreCrude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended slightly higher Friday, supported by mild buying, a dealer said. The dealer said the commodity was lifted by the weakening ringgit, which was quoted at 4.1970/1020 to the greenback from the 4.1810/1900 recorded on Thursday. It was reported that the benchmark palm oil futures […]
Read MoreA senior official of the Ministry of Finance (MoF) says Việt Nam needs to tighten its management of official development assistance (ODA) loans and mobilise private sector capital to ease the burden of public debt. Hoàng Hải, deputy head of the Department of Debt Management and External Finance told a press conference held by the […]
Read MoreThe total export value of agro-forestry-fishery products in the first ten months of this year reached US$26.4 billion, a year-on-year increase of 6.3 per cent, according to the Ministry of Agriculture and Rural Development (MARD). Specifically, export value was $12.5 billion from of main farming products, up by 7.8 per cent; $5.7 billion from seafood […]
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Thailand
