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PETALING JAYA: Stronger government investment is highly needed in Malaysia to improve the standards of the country’s water-related infrastructure, recommends an international research firm.
PETALING JAYA: Malaysia has missed its 2020 cashless target, as many still prefer cash transactions despite the boom in e-wallet platforms, according to Fitch Solutions Macro Research.
KUALA LUMPUR: Fitch Solutions Macro Research sees the ringgit weakening against the US dollar this year due to risks from the US-China trade tensions and is also slightly bearish over the longer term.
HANOI: Though Vietnam plans to enhance its renewable energy capacity, the country is forecast to expand coal-powered generation as this cheap source remains the most feasible option to meet its rapidly rising electricity demand, daily newspaper Vietnam News quoted local and foreign experts as saying.
KUALA LUMPUR: Private consumption growth was likely in “sharp correction” last quarter, with effects continuing in 1Q and 2Q this year, Fitch Solutions Macro Research says in report.