Mon, 22 Jul 2019, 1:36 PM
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Topic: International Monetary Fund

Malay Mail:
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WASHINGTON, July 22 ― Pakistan needs to mobilise domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the International Monetary Fund...
The Star:
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WASHINGTON: Pakistan needs to mobilise domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the International Monetary Fund said on Sunday after a meeting with Pakistani Prime Minister Imran Khan
The Star:
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JAKARTA: When Harijanto needed more workers to make Nike and Adidas sneakers at one of its factories outside the Indonesian capital Jakarta, he couldn’t make the numbers work.
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WASHINGTON, July 21 — Global heat maps of extreme poverty show Africa in deep red.
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WASHINGTON, July 21 — At the critical moment of a Hollywood movie starring A-lister Sandra Bullock, Bolivia's newly-elected president calls in the International Monetary Fund to bail out the poverty...
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LONDON: Former Reserve Bank of India governor Raghuram Rajan has indicated the political challenges posed by Brexit were the reasons he didn’t apply to head up the Bank of England.
The Star:
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THE reputed international Fitch Ratings agency has given us a warning on the outlook for the Malaysian economy that we should not ignore.
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SINGAPORE: Investors are sanguine about Singapore’s equity market even as the nation faces the risk of a technical recession, as a positive outlook for dividends and earnings overshadows threats from the US-China trade spat.
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LONDON: Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country's budget deficit next year, the watchdog for public finances said on Thursday.
Malay Mail:
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LONDON, July 18 — Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country’s budget deficit next year, the watchdog for public finances said today.
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CHANTILLY (France), July 18 — French Finance Minister Bruno Le Maire is to lead talks on finding a single European candidate to succeed Christine Lagarde as head of the International Monetary Fund (...
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THE government’s debt and liabilities stood at RM1.09 trillion as at the end of last year, says the Special Parlia­men­tary Select Committee on the Budget.
Malay Mail:
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PARIS, July 17 — Global finance chiefs meeting in France have warned that the World Trade Organization’s internal court risks becoming paralysed by a bitter disputes between member states.
theSun:
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KUALA LUMPUR: Malaysia’s national debt rose to RM1.09 trillion in 2018 from RM1.08 trillion in 2017, based on accrual accounting, said Datuk Seri Mustapa Mohamed, chairman of the Special Select Comm...
Malaysiakini:
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PARLIAMENT | The bi-partisan Parliamentary Select Committee on government debt and liabilities has affirmed that the national debt stood at RM1,090.8 billion (RM1.09 trillion) as of end-2018.
Free Malaysia Today:
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KUALA LUMPUR: Malaysia’s national debt rose to RM1.09 trillion in 2018 from RM1.08 trillion in 2017, based on accrual accounting, says Mustapa Mohamed, chairman of the Special Select Committee on th...
The Borneo Post:
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Datuk Seri Mustapa Mohamed – File photo KUALA LUMPUR: Malaysia’s national debt rose to RM1.09 trillion in 2018 from RM1.08 trillion in 2017, based on accrual accounting, said Datuk Seri Mustapa M...
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KUALA LUMPUR: The Special Parliamentary Select Committee on the Budget has confirmed that the government's debt and liabilities stood at RM1.09 trillion as at the end of last year.
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PARIS, July 17 — France's finance minister said yesterday the post-war international monetary order needed to be reinvented or become increasingly dominated by China.
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WASHINGTON, July 16 — Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination to the presidency of the European Central Bank.
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SINGAPORE, July 16 — Singapore’s financial sector oversight is “among the best globally” and its financial system can withstand even a large-scale global financial market turmoil, the Internat...
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NEW YORK: The International Monetary Fund sees Singapore’s economic growth slowing to 2% in 2019 as global trade tensions hurt external demand.
The Star:
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Chad lifted a more than a year-long ban on social media including Facebook and Twitter that the government said had been necessary for security reasons.
Free Malaysia Today:
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KUALA LUMPUR: Japan-based Mitsui’s RM8.4 billion purchase of a 16% stake held by Khazanah Nasional Berhad in IHH Healthcare Bhd is not part of the foreign direct investments recorded in the first qu...
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BUENOS AIRES, July 13 ― Argentina registered a primary surplus of 30.3 billion pesos (RM2.9 billion) for the first half of 2019, Finance Minister Nicolas Dujovne revealed yesterday.
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BRAZZAVILLE (Congo), July 12 ― The International Monetary Fund (IMF) yesterday said it had agreed to a three-year US$448.6 million (RM1.84 billion) credit for Republic of Congo to help develop the e...
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LONDON, July 12 ― European shares closed at a two-week low yesterday weighed down by pharma stocks on worries that US government may intervene on high drug prices, while optimism from the Federal Re...
The Borneo Post:
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Dr Mahathir launch the National Entrepreneurship Policy.
theSun:
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KUALA LUMPUR: Tun Dr Mahathir Mohamad said the implementation of the National Entrepreneurship Policy should be able to turn Malaysia into a true entrepreneurial nation by 2030.
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LONDON, July 11 — Even after losing almost 20 per cent of its value since the 2016 Brexit referendum, Britain's pound continues to be dogged by economic, politic and diplomatic pressures, meaning in...
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BRUSSELS, July 9 ― The European Union wants a European to replace Christine Lagarde at the helm of the International Monetary Fund (IMF), top EU officials said yesterday, continuing the tradition of...
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NIAMEY, July 8 — African leaders launched a continental free-trade zone yesterday that if successful would unite 1.3 billion people, create a US$3.4 trillion (RM14.05 trillion) economic bloc and ush...
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AIX-EN-PROVENCE, France: European finance ministers need to find a compromise candidate to replace Christine Lagarde as the head of the International Monetary Fund, French Finance Minister Bruno Le Maire said.
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LIMA, July 7 — Ecuador will likely become a member of the market-friendly regional trade bloc the Pacific Alliance next year, the president of Peru said yesterday, the latest sign of the South Ameri...
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AIX-EN-PROVENCE, July 6 — European finance ministers need to find a compromise candidate to replace Christine Lagarde as the head of the International Monetary Fund, French Finance Minister Bruno Le...
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KUALA LUMPUR: Bank Negara’s international reserves rose US$100mil to US$102.7bil as at June 28 from two weeks prior.
Malay Mail:
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WASHINGTON, July 6 — The International Monetary Fund yesterday reached an agreement with Argentina that will allow release of the next US$5.4 billion (RM22.3 billion) disbursement under the loan pro...
The Star:
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KUALA LUMPUR: Bank Negara’s international reserves rose US$100mil to US$102.7bil as at June 28, 2019, from two weeks prior.
Malay Mail:
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LONDON, July 4 ― Former British finance minister George Osborne is lining up a bid to replace Christine Lagarde as head of the International Monetary Fund, UK newspapers reported today.
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WASHINGTON, July 4 ― The International Monetary Fund yesterday approved a US$6 billion (RM24.8 billion), three-year loan for Pakistan to help right the South Asian nation's economy.
The Star:
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TOKYO: Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve.
Malay Mail:
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TOKYO, July 4 ― Asian stocks advanced today, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect...
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WASHINGTON, July 4 ― The US trade deficit jumped in May and trade tensions between the United States and China helped drive activity in the services sector to a two-year low in June, further signs t...
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WASHINGTON, July 4 ― The reshuffle of leadership positions in Europe now forces world finance officials into a search for a new manager for the International Monetary Fund two years ahead of schedul...
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WASHINGTON, July 3 ― International Monetary Fund chief Christine Lagarde yesterday announced she would step down “temporarily” from the global crisis lender after being nominated to lead the Eur...
The Edge Markets:
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THERE is good reason Professor Jomo Kwame Sundaram’s call last Monday for Malaysians to set aside political differences and unite in dealing with real issues impacting the economy resonated with fel...
Malay Mail:
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OSAKA, June 29 ― Uncertainty from trade tensions and slowing global growth is increasing the need for developing countries to pursue reforms that make them more attractive to private investment, Wor...
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PARIS, June 28 — France has slipped further into the red, the national statistics bureau said today, only days after the country’s public auditor warned of “worrying” debt levels.
Tech in Asia:
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Facebook’s plan to launch a new digital currency, Libra, has triggered a debate in China as to whether Beijing should welcome, worry about, or simply ignore the launch.
The Star:
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THE International Labour Organisation treaty addressing sexual harassment in the workplace is a step towards making workplaces more accessible, especially for women.
Malay Mail:
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KUALA LUMPUR, June 26 — A women’s rights group today criticised the government and the Malaysian Trades Unions Congress’ (MTUC) decision to abstain from supporting an international treaty on har...
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MANAMA, June 26 — Growth in the West bank and Gaza must be focused on jobs, the head of the International Monetary Fund said today, at the start of a conference on the Trump administration’s US$50...
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KUALA LUMPUR, June 25 — A full-blown trade war between the United States and China will impact Malaysia’s economy, slowing down the growth of its export sector by one to two per cent, Affin Hwang ...
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BEIJING: Chinese development projects in Africa must be sustainable, the government's top diplomat told senior African ministers on Tuesday, as he denounced "outside forces" who seek to vilify cooperation by accusing China of creating debt traps.
EdgeProp.my:
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KUALA LUMPUR (June 24): The trade diversion benefits caused by the ongoing US-China dispute may not necessarily translate into longer term developments that can contribute to the economy, says Interna...
theSun:
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KUALA LUMPUR: Trade wars will not benefit any country in the long term, says International Monetary Fund (IMF) managing director Christine Lagarde (pix).
The Star:
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KUALA LUMPUR: Trade wars will not benefit any country in the long term, says International Monetary Fund (IMF) managing director Christine Lagarde.
Malay Mail:
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KUALA LUMPUR, June 24 — No winners will emerge from the ongoing trade wars and trade tensions despite nations seeking the best options for each other, said the managing director of the International...
The Edge Markets:
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KUALA LUMPUR (June 24): The trade diversion benefits caused by the ongoing US-China dispute may not necessarily translate into longer term developments that can contribute to the economy, says Interna...
The Edge Markets:
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KUALA LUMPUR (June 24): Malaysia needs to raise productivity in order for the economy to reach high-income status in the next decade, said Christine Lagarde, managing director of the International Mon...
The Star:
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KUALA LUMPUR: Bank Negara’s international reserves rose US$300mil to US$102.6bil as at June 14, 2019, from two weeks prior.
Free Malaysia Today:
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KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at US$102.6 billion as at June 14, up from US$102.3 billion on May 31.
The Star:
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KUALA LUMPUR: Bank Negara’s international reserves rose US$300mil to US$102.6bil as at June 14, 2019, from two weeks prior.
Malay Mail:
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TOKYO, June 19 — Substantial discussions on trade, including reform of the World Trade Organization, will likely take place at a summit of Group of 20 major economies next week in Osaka, a senior Ja...
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KUALA LUMPUR: Banks embarking on digital transformation must be willing to cannibalise their own business to become successful, according to a financial technology (fintech) commentator.
Digital News Asia:
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“BANKS do one thing that we all need which is to be trusted that they won’t lose our money.
The Edge Markets:
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THE slew of manufacturing purchasing manager indices (PMI) released over the last week points to a cooling in the manufacturing sector globally.
The Star:
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LONDON: The International Monetary Fund has proposed that the European Union improve transparency, regulatory oversight and insolvency rules in its proposals to create a stronger capital market system, a senior IMF official said.
Malay Mail:
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KINSHASA (DR Congo), June 16 — The Democratic Republic of Congo’s new leadership is under mounting pressure to diversify the country’s economy from its dependence on raw materials following the ...
The Edge Markets:
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The dual nature of life means that the most common problem we face daily is a dilemma — the need to choose between two alternatives.
The Edge Markets:
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In 2016, Malaysia’s Gini Coefficient, a common measure of relative income inequality, stood at 0.399.
The Star:
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PETALING JAYA: Bank Negara’s international reserves fell by US$500mil to US$102.3bil as at May 31, 2019 from two weeks prior.
EdgeProp.my:
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KUALA LUMPUR (June 11): Bank Negara Malaysia's (BNM) international reserves slipped RM500 million or 0.49% to US$102.3 billion as at May 31, from US$102.8 billion as at May 15.
The Edge Markets:
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KUALA LUMPUR (June 11): Bank Negara Malaysia's (BNM) international reserves slipped RM500 million or 0.49% to US$102.3 billion as at May 31, from US$102.8 billion as at May 15.
The Star:
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FUKUOKA: Group of 20 (G20) finance leaders said trade and geopolitical tensions have “intensified” but failed to express a pressing need to resolve them, in a final draft communique that said global growth is likely to pick up.
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FUKUOKA, June 9 — International Monetary Fund Managing Director Christine Lagarde today called on the Group of 20 major economies to prioritise resolving trade tensions to mitigate risks to global g...
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LONDON, June 7 — The synchronised global economic expansion, cheered on by investors who pushed Wall Street stocks to a record high last month, has started to sour and is increasingly at risk from a...
Malay Mail:
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WASHINGTON, June 7 ― Officials of the US Federal Reserve and International Monetary Fund warned separately yesterday that global trade tensions and rising tariffs posed an increasing risk to decades...
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BRUSSELS: The International Monetary Fund believes the European Central Bank must maintain supportive monetary policy, an EU document seen by Reuters showed, anticipating the content of a report the IMF will present to euro zone finance ministers next week.
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BRUSSELS, June 6 — The International Monetary Fund (IMF) believes the European Central Bank must maintain monetary policy support, an EU document seen by Reuters showed, anticipating the content of ...
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SHANGHAI: China’s major stock indexes fell on Thursday to close at near four-month lows, as worries persisted over the country’s economic momentum amid a bruising trade war with the United States which shows no signs of easing.
The Edge Markets:
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Rapid financial globalisation is due not only to financial innovations, but also to choices made by national policymakers, often with naïve expectations, trusting promoters’ promises of steady net ...
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WASHINGTON, June 5 — Current and threatened US-China tariffs could slash global economic growth by 0.5 percentage point in 2020, the International Monetary Fund warned today as world finance leaders...
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BRUSSELS: The International Monetary Fund has identified Italy's debt as a major risk to the euro zone economy, together with global trade tensions and a hard Brexit, an EU source told Reuters on Wednesday, anticipating a report the IMF will present next week.
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PEKING, June 5 — The International Monetary Fund today said it was lowering China’s economic growth forecast for 2019 and 2020, citing “uncertainty” over the trade war between Beijing and Wash...
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WASHINGTON, June 5 — The World Bank slashed its global growth forecasts for this year in a report released yesterday that portrayed a world gripped by deepening trade conflict, tumbling confidence a...
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KUALA LUMPUR, May 31 — Banks’ asset quality remains sound with overall net impaired loans ratio remaining stable at 1.0 per cent, said Bank Negara Malaysia (BNM) in its “Monthly Highlights — ...
Fintech News Malaysia:
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Bank Negara Malaysia will be hosting their inaugural MyFintech Week 2019, which the organisation claims to be Malaysia’s first flagship fintech event.
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CARACAS, May 29 — Venezuela ended 2018 with inflation above 130,000 per cent while its crisis-hit economy shrank by nearly half in the last five years, the central bank claimed yesterday — a figur...
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KUALA LUMPUR (May 24): Bank Negara Malaysia’s (BNM) international reserves further slipped by RM600 million or 0.6% to US$102.8 billion as at May 15, from US$103.4 billion at the end of April.
Malay Mail:
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KUALA LUMPUR, May 24 — Bank Negara Malaysia’s (BNM) international reserves stood at US$102.8 billion as at May 15, 2019.
Malaysiakini:
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Bank Negara Malaysia’s (BNM) international reserves stood at US$102.8 billion (RM430.6 billion) as at May 15.
Malay Mail:
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NEW YORK, May 23 — Wall Street plunged at the open of trading today as investors shuddered at worldwide political, economic and trade turmoil.
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KUALA LUMPUR (May 20): The historical high realised foreign direct investment (FDI) recorded in the first quarter (Q1) of 2019 was made up of high-quality investments, political secretary to the Finan...
Free Malaysia Today:
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PETALING JAYA: Damansara MP Tony Pua has described the purchase of IHH Healthcare Bhd by Mitsui of Japan from Khazanah Nasional Bhd as a significant move demonstrating confidence and trust placed by f...
Malay Mail:
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COLOMBO, May 14 — The International Monetary Fund today released a long-delayed loan instalment to Sri Lanka, providing financial relief to a government still reeling from the Easter Sunday bombings...
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ISLAMABAD: Pakistan has reached an accord with the International Monetary Fund for a three-year, US$6 billion bailout package aimed at shoring up fragile public finances and strengthening a slowing economy, officials said on Sunday.
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The country’s economic growth so far is still deemed commendable, as it is still pacing between 4% and 5%, despite growing slower than the previous year.
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PETALING JAYA: International rating agencies are confident Malaysia will meet its fiscal targets, particularly the 3.4% fiscal deficit-to-gross domestic product (GDP) ratio this year, according to the Finance Ministry (MoF).