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Thai central bank: credit growth, GDP meant no rate cut

BANGKOK: Thailand's central bank said its monetary policy committee decided against cutting interest rates last month because economic growth was close to potential and monetary conditions were already accommodative, with credit growth robust.


Bank Negara sees upside potential to forecast growth

KUALA LUMPUR: The central bank foresees an upside potential to its gross domestic growth (GDP) forecast of 4.5% to 5.5% for the country this year boosted by new initiatives and further improvements in the global economy.


RAM revises up 2003 GDP forecast to 4.8%

RATING Agency Malaysia Bhd (RAM) has revised upwards its gross domestic growth (GDP) projection for this year to 4.8% from 3.8%, based on the resilience of the economy and more positive outlook for the second half.


GDP seen growing 4%-5% until 2015

BACHOK: Bank Negara is targeting an annual gross domestic growth (GDP) of between 4% and 5% for three consecutive years beginning next year.


Nor Mohamed: Power tariff hike will not affect GDP

The 12% hike in electricity tariff is not expected to impact Malaysia's gross domestic growth (GDP) or significantly burden the majority of people in the country.


Economy stronger with 5.1% growth in Q3

The Malaysian economy looks set to grow beyond the 4.5% initially projected by the Government, going by the strong third quarter gross domestic growth (GDP) of 5.1%.


10th Malaysia Plan development expenditure set at RM230b

KUALA LUMPUR: The Government aims to achieve an average annual gross domestic product growth (GDP) of 5.5% in the 10th Malaysia Plan (10MP) with a total estimated development expenditure of RM230bil as it pursues the goal of a high-income economy.


Chua: 5.4% growth proof of ETP’s success

SEREMBAN: The 5.4% growth in gross domestic growth (GDP) in the second quarter of the year is proof of the success of the Governments Economic Transformation Pro-gramme, said MCA president Datuk Seri Dr Chua Soi Lek.


Japan GDP posts surprise growth but weak demand still a concern(Update)

TOKYO: Japan's economic growth unexpectedly accelerated in January- March, driven by net contributions from exports and defying forecasts for a contraction in the world's third-largest economy.


Malaysia's key overnight policy rate likely to remain at 3.25%

PETALING JAYA: Despite inflationary pressure building up, the overnight policy rate (OPR) is expected to be maintained at 3.25% next year if gross domestic product (GDP) growth does not slide below 4%, according to economists.