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JAKARTA (The Jakarta Post/ANN): Indonesia needs broad-based tax reform to boost its revenue in the long run so that the country can minimise the impact of spending adjustments and fund its development projects, the International Monetary Fund (IMF) has said.
JOHOR BARU: Iskandar Malaysia has recorded RM322.1bil in total cumulative investments until June this year and helped create more than 750,000 jobs within the southern economic corridor.
KUALA LUMPUR: The Business Conditions Index (BCI) posted a modest recovery of 25.3 points in the third quarter (Q3) of 2020, settling at 86.3 points compared with a major drop of 22.0 points in Q2, indicating a boost in manufacturers’ confidence level.
PETALING JAYA: Almost RM12bil in wage subsidies has been approved under the Wage Subsidy Programme, says the Finance Ministry.
JOHOR BARU: Iskandar Malaysia has recorded RM322.1bil in total cumulative investments until June this year and helped create more than 750,000 jobs within the southern economic corridor, says Prime Minister Tan Sri Muhyiddin Yassin.
TOKYO, Oct 20 (AP): Asian shares were mixed on Tuesday, after Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid for the U.S. economy before the US presidential election.
KUALA LUMPUR: Public Bank led blue chips higher in early Tuesday trade amid a cautious external market as investors awaited a decision from US lawmakers to pass an economic stimulus bill ahead of the Nov 3 presidential elections.
NEW YORK: Asian stocks came under pressure on Tuesday as a deadline for U.S. lawmakers to pass an economic stimulus bill approached and record daily coronavirus infections in Europe ignited concerns about more severe lockdowns
PETALING JAYA: As the United States races against time to launch a new economic stimulus ahead of the Nov 3 presidential poll, global stock markets, including Bursa Malaysia, are basking in improved investor optimism.
UNITED NATIONS, Oct 19 (Reuters): Worldwide coronavirus cases crossed 40 million on Monday, according to a Reuters tally, as the onset of winter in the northern hemisphere fuelled a resurgence in the spread of the disease.