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IN Malaysia, there had been concerns with regard to the increasing number of foreigners, especially the unskilled foreign labourers in Malaysia.
SINGAPORE: Counting on China as an anchor of strength has been a good tactic for traders of Asia’s emerging currencies. That link is losing traction as recovery paths from the coronavirus pandemic diverge.
MANILA: The Philippine government is trying to retrain hundreds of thousands of Filipino workers who are returning jobless from overseas as the pandemic batters economies around the globe
KUALA LUMPUR: Alliance DBS Research expects the government to increase infrastructure spending in the Budget 2021 proposals in November and this move will benefit Gamuda, IJM Corp and Sunway Construction.
KUALA LUMPUR: Foreign funds have offloaded RM558.4mil net of local equities on Bursa Malaysia during the Sept 14-19 period against RM71.2mil net acquired during the previous period of Sept 7-12.
PETALING JAYA: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics.
KUALA LUMPUR: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics.
KUCHING: Malaysia, once a major supplier of plywood to China, has now become a key importer of China-made plywood.
MANILA: The Philippines central bank governor Benjamin Diokno says the technology behind digital tokens can improve delivery of financial services, as the regulator proceeds to study the feasibility of its own digital currency.
AFTER three years of vacillating on mega projects from the very top in Putrajaya, the construction industry can now breathe a sigh of relief. Industry players can finally catch a break, and the largest one at that, with the first phase of Bandar Malaysia slated to kick off early next year.