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Malaysia exports rise 9.8% to RM204.99bil in Feb

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KUALA LUMPUR: From the same month the year before, Malaysia’s exports increased by 11% to RM204.99 billion in February 2023. With both export and...

International trade rises as commerce ministry lays out 2023 plans

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Combodia: According to Pan Sorasak, minister of commerce, “in-depth reforms in all areas,” “improved export competitiveness. ” And an increasingly favorable business and investment...

China investment will boost green economy in Malaysia, says biz leader

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IPOH: According to a prominent member of the business community, increased Chinese investment will aid Malaysia in its transition to low-carbon development. According to Datuk...

Asian FX, stocks rise as strong U.S. GDP data aids risk...

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The Philippine Peso and the Malaysian Ringgit led advances among Asian currencies on Friday. As overnight data revealed the U.S. economy’s resiliency, increasing investor...

Indonesia’s Asean presidency to focus on economic growth, says senior minister...

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Jakarta Indonesia: According to a senior economic minister, Indonesia’s leadership of Asean in 2023 will primarily be focus on fostering sustainable growth in the...

Malaysia consumer sector expected to remain robust

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PETALING JAYA: The consumer sector will continue to grow well, Due to strong domestic demand and supply chain enhancements. That will make restocking operations...

US banks warn of recession amid rising inflation

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According to CEOs, the largest US banks are preparing for a poorer economy next year as inflation threatens consumer demand. Jamie Dimon, the chief executive...

Malaysian banks’ loan growth to stay at 5-6% in 2023 on...

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S&P Global Ratings anticipates that the Malaysian banking sector will continue to expand loans at a rate of 5% to 6% in 2023 as...

Franchise sales to increase to RM23bil by 2025

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PETALING JAYA: Malaysia’s franchise industry is expected to see its sales value increase to RM22.66bil by 2025 from RM14.65bil in 2020, says Prime Minister...