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DESPITE the downward trend in global prices, a global deflation crisis is still a low probability event, Public Bank said in the August 2003 issue of I>Public Bank Economic Review/I>.
The International Monetary Fund (IMF) said Malaysia's approach to peg the ringgit in dealing with the Asian financial crisis was the correct move.
DR CHANDRA Muzaffar, a former close aide of Datuk Seri Anwar Ibrahim, said Malaysians are thankful now that the country did not go the way of the former deputy prime minister and finance minister in tackling the currency crisis of the late 90s.
A CAPE Malay has emerged as the leader of the ruling African National Congress in Western Cape, better known as the heartland of the Cape Malay, whose ancestral roots can be traced back to the Malay Archipelago three century ago. K.Y. PUNG met this young articulate leader in Cape Town in South Africa recently.
B>DUBAI:/BThe world economy is showing signs of life but the pace and strength of the recovery is still unclear and policy-makers cannot afford to drop their guard, the International Monetary Fund (IMF) said yesterday.