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SEOUL (AFP): South Korea's left-leaning ruling party has won a landslide election victory, partial results showed Thursday (Apri; 16), after the coronavirus pandemic turned the political tide in President Moon Jae-in's favour.
SEOUL (AFP): South Korean voters turned out in force Wednesday (April 15) to back President Moon Jae-in's handling of the coronavirus epidemic, putting on compulsory face masks and gloves to give his Democratic party a parliamentary majority according to exit polls.
PETALING JAYA: Demand for electricity is expected to ease in the second quarter of the year with the implementation of the movement control order (MCO) and the sluggish economic activities foreseen thereafter due to the Covid-19 outbreak.
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) concurred with Bank Negara Malaysia’s (BNM) subdued outlook for the Malaysian economy in 2020. KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) concurred with Bank Negara Malaysia’s (BNM) subdued outlook for the Malaysian economy in 2020.
JAKARTA (The Jakarta Post/ANN): Finance Minister Sri Mulyani Indrawati hopes to get Saudi Arabia on board to invest more in Indonesia, particularly through the planned sovereign wealth fund that is to be channelled for projects intended to aid the country’s development.
JAKARTA (The Jakarta Post/ANN): The government hopes to up the country’s “doing business” ranking to 53rd place on the World Bank’s list this year in a bid to attract more investment into the country.
The Jakarta Post (Indonesia): Lawmakers have officially ratified the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), marking a new chapter of cooperation between the neighbors.
JAKARTA, Feb 7, Jakarta Post/ANN -- The government's economic growth target in 2020 is unrealistic given last year’s sluggish economic expansion and looming risks from the coronavirus outbreak, economists have said.
DUBAI: Saudi Basic Industries Inc (Sabic) expects earnings to come under further pressure this year from sluggish economic growth and an oversupply of petrochemicals. The shares fell.