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PETALING JAYA: Fitch Ratings expects the growing presence of tax and policy initiatives in Malaysia may lead to incremental growth in assets under management (AUM) in Malaysian Islamic funds.
For delivery man Sisay Alebachew, the difference between a good and bad day depends on Ethio Telecom, Ethiopia’s monopoly telecoms provider.
JAKARTA, May 28 (The Jakarta Post/ANN) - The Indonesian automotive industry remains attractive for current and future investment in the region with low labor costs and favorable production growth, Fitch Solutions has stated.
KUALA LUMPUR: Fitch Ratings expects the growing presence of tax and policy initiatives in Malaysia may lead to incremental growth in assets under management (AUM) in Malaysian Islamic funds.
Non-bank/tech players take long-term view of outlook
SYDNEY (Reuters) - Australia on Friday halved the number of people expected to be covered by its coronavirus wage subsidy scheme due to reporting errors and after swiftly controlling the outbreak, a revision that will save the government around A$60 billion ($39 billion).
SYDNEY: Fitch Ratings downgraded its outlook on Australia's coveted 'AAA' rating on Friday to "negative" from "stable", citing the heavy blow to the economy and public finances from the Covid-19 pandemic.
BANGKOK: Thailand’s biggest electric-vehicle (EV) venture has stayed mostly in gear during the Covid-19 pandemic, with Energy Absolute Pcl continuing construction on a lithium-ion battery plant and vehicle development. The company’s EV-boat prototypes are now being river-tested.
Country faces looming threat of credit rating downgrade
JAKARTA (The Jakarta Post/ANN): Weakening purchasing power following business disruptions caused by the COVID-19 pandemic has battered the country’s automotive industry, forcing carmakers to significantly lower their car sales targets this year