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PETALING JAYA: The ringgit could weaken to as much as 4.4 against the US dollar this year before recovering in 2020, predicts UBS Investment Bank.
JAKARTA: Indonesia is considering options for setting up tax-haven jurisdictions as it tries to lure back billions of dollars through its amnesty programme to fund infrastructure projects and finance the widening budget deficit, Coordinating Maritime Minister Luhut Panjaitan said yesterday.
KUALA LUMPUR: Bank Negara Malaysia is likely to cut its overnight policy rate (OPR) by 25 basis points in 2015, as the fall in the oil prices would cushion the pressure on inflation, according to UBS.
RBI governor’s next big fight Rajan must convince India of inflation risk if it decides to slash rate
MUMBAI: Reserve Bank of India governor Raghuram Rajan may become a victim of his own success.
PETALING JAYA: UBS Investment Bank has raised its forecast for Malaysia’s gross domestic product (GDP) growth this year to 5.5% from an earlier 5% projection, citing further expansion in exports.