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IN contrast to our earlier expectation that Malaysia’s economic growth would recover in 2021, and projected to expand by 5.5%–6.0% (Bank Negara: 6.0%–7.5%), we now believe that such view does not hold water anymore.
LONDON: The UK Treasury is likely to borrow £30bil (US$41bil or RM173.7bil) less than Chancellor of the Exchequer Rishi Sunak (pic) forecast in his March budget for the current fiscal year, the Institute for Fiscal Studies (IFS) said.
KINSHASA (Reuters) - Prosecutors in the Democratic Republic of Congo have issued an arrest warrant for former Prime Minister Matata Ponyo Mapon over allegations he misappropriated $140 million, two government sources told Reuters.
The Philippine peso declined along with local shares after Fitch Ratings revised its outlook on the sovereign to negative from stable, reflecting rising risks from the pandemic on the nation’s economy.
LONDON (Reuters) - Britain's government said it would let parliament hold a vote on Tuesday to reverse a decision to cut the country's overseas aid spending by around 4 billion pounds ($5.6 billion) a year.
BERLIN (Reuters) - The manifestos presented by the parties vying to form Germany's next government set out very different visions for the future of the country, and Europe, after September's federal election.
RIO DE JANEIRO (Reuters) - Brazil's new "Bolsa Familia" welfare payments to the poor will average below 300 reais ($59.50) a month, sources familiar with the discussions said on Monday, less than the figure President Jair Bolsonaro had indicated last week.
KUALA LUMPUR: The market for environmental, social and governance (ESG)-related projects in Malaysia will require financing of about RM45bil in the next five years to 2025, says United Nations Global Compact Malaysia and Brunei chairperson Ramesh Kana.
KUALA LUMPUR: The United Nations Global Compact (UNGC) has projected that the market for environmental, social, and governance (ESG)-related projects in Malaysia will require financing of about RM45 billion in the next five years.
PARIS/BRUSSELS (Reuters) - Criteria for European Union sanctions being prepared for Lebanese politicians are likely to be corruption, obstructing efforts to form a government, financial mishandling and human rights abuses, according to a diplomatic note seen by Reuters.