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KUALA LUMPUR: UOB Global Economics and Markets Research's curent estimates of the US$ and ringgit fair value at 3.90 with more room to rise further.
HANOI (Vietnam News/ANN): After being relatively stable last year, the foreign exchange rate of the Vietnamese đồng against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds.
HONG KONG: Amid the Alpine peaks of the Swiss resort of Davos in the week ahead, politicians, investors and executives will be busy debating whether we are witnessing peaks in key drivers of the world economy.
India’s government has scoffed at Amazon.com Inc founder Jeff Bezos’ offer to invest US$1bil (RM4.06bil) in the country, firing the latest salvo at an e-commerce giant that’s been accused of predatory business practices.
KUALA LUMPUR: Manulife Investment Management (M) Bhd will continue to focus on stocks related to commodities, technology, as well as electrical and electronics (E&E) this year.
VIENTIANE (Vientiane Times/ANN) - Laos is seeking more quality investors from China, a close neighbour that has already invested in many projects in the country.
KUALA LUMPUR: Vietnam, through its chairmanship of Asean, should demonstrate its leadership in challenging the anti-international trade and rule-based world economy, according to CIMB Asean Research Institute (CARI) chairman Tan Sri Dr Munir Majid.
JOHOR BARU: Malaysians seeking jobs in Singapore might have a tough time getting hired by companies and employers in the republic in the future.
PHNOM PENH: Cambodia attracted foreign direct investment (FDI) worth nearly 3US$3.6 bil in 2019, up 12% year-on-year, an English-language daily reported on Friday (Jan 10).
HO CHI MINH: (Vietnam News/ANN): The Southern Key Economic Zone needs specially tailored policies to attract large amounts of foreign direct investment and improve linkages between localities to ensure sustainable development, experts have said.