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KUALA LUMPUR: There is a growing trend among Malaysian consumers to be more design and quality centric when it comes to buying furniture, although it is still low compared with the developed countries like Europe, Japan and the United States.
LAST week's crude oil price surge will deal further blows to airlines worldwide. Already wounded by a 50% rise in oil prices since the beginning of this year, airlines face further capacity squeeze that will potentially lead to scrapping of more routes in the coming weeks.
PETALING JAYA: Consideration will be made to extend the asset size of domestic systemically important banks (D-SIBs) to ensure domestic banks are well buffered against any disruption, Bank Negara assistant governor Jessica Chew says.
KUALA LUMPUR: Pakistan (B3 negative) and Sri Lanka (B2 stable) are among the economies which are particularly exposed to a shock due to tighter financing conditions, Moody's Investors Service said.