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Bank Negara, which assumes the Islamic Financial Services Board (IFSB) chairmanship this year, will be hosting an inaugural Global Islamic Finance Forum (GIFF) in Kuala Lumpur from March 26 to 29.
Bank Negara kept its benchmark interest rate unchanged for a sixth straight meeting to sustain 'steady' growth amid concerns that a global economic slowdown may hurt the nation's exports.
Today, international bodies assert that if a country's trade deficit exceeds 4.5% of its GDP, it's a sign of real and present economic danger. And yet the US economy continues to defy both history and economics.
The current spate of corporate restructuring and high dividend payouts in the country are key to attracting foreign investments, said Citigroup Investment Research managing director and head of regional strategy Markus Rosgen.
A 5.1% gross domestic product (GDP) growth in 2007 should be 'just about right' for Malaysia and not too optimistic, said JP Morgan Emerging Asia Research managing director David Fernandez.