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BANGKOK: Thailand's central bank said its monetary policy committee decided against cutting interest rates last month because economic growth was close to potential and monetary conditions were already accommodative, with credit growth robust.
KUALA LUMPUR: The central bank foresees an upside potential to its gross domestic growth (GDP) forecast of 4.5% to 5.5% for the country this year boosted by new initiatives and further improvements in the global economy.
KUALA LUMPUR: The Government aims to achieve an average annual gross domestic product growth (GDP) of 5.5% in the 10th Malaysia Plan (10MP) with a total estimated development expenditure of RM230bil as it pursues the goal of a high-income economy.