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Malaysia – Fitch: Private consumption to remain strong

PETALING JAYA: While Malaysia’s private consumption may lose some steam this year, it will remain strong and largely unaffected by the broader economic slowdown, according to Fitch Solutions. The research house forecast real private consumption growth to slow in 2019 as consumption declined from its high base in 2018. This came after consumers front-loaded their purchases over the three-month long tax holiday between June and September 2018. Fitch […]

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Indonesia: Govt upbeat over electric vehicle, but charging stations still rare to find

Industry players and experts have urged the government to ensure adequate infrastructure for electric vehicles (EV), including battery charging stations, before implementing a planned regulation that will speed up incentives for production. While the government has vowed to provide fiscal incentives for EVs, it should also prepare crucial infrastructure to support them, said Jongkie Sugiarto, […]

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Thailand: Sepo begins divestment process

The State Enterprise Policy Office (Sepo) has kicked off its planned divestment of 72 privately owned companies in which it owns less than a 50% stake by putting 18 non-listed securities on sale.  Sepo is waiting for bids from interested people after the divestment of the 18 securities was announced late last year, said a source […]

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Timely to review the Malaysia’s Automotive Policy

DEPUTY International Trade and Industry Minister Dr Ong Kian Ming sat down with StarBiz to speak on a number of issues pertaining to international trade and manufacturing in Malaysia. Below are excerpts from the interview with MERGAWATI ZULFAKAR and JAGDEV SINGH SIDHU. Neighbours are attracting quality investment – ie Dyson going to Singapore. What is Malaysia doing to attract more […]

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