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The International Monetary Fund said Sunday it did not believe China was keeping its currency seriously undervalued, but urged Beijing to begin liberalising its exchange rate policy.
Datuk Seri Dr Mahathir Mohamad will continue to play an active role in local politics as well as the international arena after he retires in November. The Prime Minister said in New York that his role, however, would not include determining policy but in garnering support from the people.
MALAYSIA is offering to host the World Bank's Board of Governors and the International Monetary Fund (IMF) annual meeting in 2012, I>Utusan Malaysia/Ireported yesterday.
While China will remain the prime location for foreign direct investment (FDI) in Asia over the medium term, Malaysia and Thailand are expected to sustain investor interests, said a report issued here Saturday.
Second Finance Minister Datuk Dr Jamaluddin Jarjis said Malaysia's economy could surpass this year's projected 4.5% growth owing to the present upbeat global economic scenario.
Till very recent times, the gI>oviya/I(padi farmer) was venerated and even described in terms of a king. Ancient folklore about the gI>oviya /I>clad only in his loin cloth and daubed in mud, if taken out of his field and washed, being fit to be placed on a throne, was often recalled particularly by politicians.
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.
IT#039;S the time of year when most of us turn our attention to the budget.
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.
JAKARTA: After saying his pre-dawn prayers at the At-Taqwa mosque in a housing complex in East Jakarta, a man approached his old friend, a Catholic neighbour who was jogging near the mosque. But this time the face of the engineering lecturer looked grim.