KL skyline
Read More

World Bank keeps Malaysia’s 2019 GDP outlook at 4.7%

KUALA LUMPUR: The World Bank Group has maintained Malaysia’s 2019 gross domestic product (GDP) growth forecast at 4.7 per cent, driven by private consumption. Lead economist for Malaysia Richard Record said private consumption would continue to be the main driver of growth, albeit expanding at a more measured pace. “Household spending will be buoyed by […]

Read More
AUTO-PRIX-VIE-F1-070917
Read More

Credit woes, HCMC slump loom over Vietnam real estate

LENDING and borrowing remains an issue in Vietnam’s real estate market, even as Ho Chi Minh City continues to lag Hanoi in property developments, a report has noted. Restrictions on expansion in Ho Chi Minh City has worsened the prospects for mass-market launches outside the central area, said Maybank Kim Eng analyst Thai Quang Trung, […]

Read More
phil01
Read More

Philippines: External payments flow to remain positive — BSP

MANILA, Philippines —   The Bangko Sentral ng Pilipinas (BSP) expects the country’s external payments position to remain healthy amid the sustained inflows. BSP Deputy Governor Diwa Guinigundo said the country continues to experience robust foreign direct investment as well as foreign portfolio investment inflows. Latest data showed the Philippines recorded a balance of payments (BOP) […]

Read More