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JAKARTA: Indonesia's central bank is working to further relax lending rules and may further trim interest rates after this year's four rate cuts, as it continues to focus its policy on keeping economic growth momentum, a deputy governor said on Tuesday.
HONG KONG: China’s annual economic policy-setting meeting begins Tuesday and will wrap up on Thursday, according to people briefed on the plans, right as negotiators aim to finalize a phase-one trade deal with the US.
KUALA LUMPUR: Malaysia’s headline inflation is expected to increase modestly in 2020, with consumer price inflation to average higher in the range of 1.5%-2% next year compared with 0.7% projected for 2019, said the World Bank Group.
PETALING JAYA: IHH Healthcare Bhd has secured the green light from its shareholders for the proposed acquisition of Prince Court Medical Centre (PCMC).
DUBAI: When shares of Saudi Arabia’s national oil company begin trading tomorrow after the world’s largest initial public offering (IPO), the stars will be aligned to ensure that the stock price holds up.
BRUSSELS: The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian government to retaliate.
KUALA LUMPUR: Malaysia’s headline inflation is expected to increase modestly in 2020, with consumer price inflation to average higher in the range of 1.5%-2% cent next year as compared with 0.7% projected for 2019, said the World Bank Group.
KUALA LUMPUR: The ringgit opened easier against the US dollar in early trade today, on better demand for the greenback amidst the upbeat US economic data.
VIENNA: The Organisation of the Petroleum Exporting Countries (Opec) and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia’s energy minister told Reuters.
KUALA LUMPUR: Etika Sdn Bhd, one of Malaysia’s most prominent halal beverage companies, has recently announced the expansion of their business portfolio after acquiring Advend Systems Pte Ltd, headquartered in Singapore.