The IMF highlighted the need for structural reforms to boost potential growth and wages. Continuing challenges include high government debts, insufficient tax revenue, and subsidy burdens. The IMF has urged the government to consider adopting a goods and services tax to enhance revenue collection. So...
Lim Gait Tong, president of the China-ASEAN Business Association (CABA), said that ASEAN's trade with China has recorded higher growth rate than that with the European Union and the United States. "So, this is an opportunity and the growth trend provides great potential for Malaysian exporters...
The challenger decided upon Trulioo’s verification software packages following a “thorough market assessment”. The results found that the fintech’s ID solution would aid in safeguarding the bank from fraud due to the programme’s sophisticated liveness detection, advanced AI checks and face compa...
response rate = 69.5%). Sleep quality was assessed using Pittsburgh Sleep Quality Index (PSQI) where higher scores indicate poorer sleep quality. HRQOL [Physical component summary (PCS) and Mental component summary (MCS)] were measured using 12-item Short-Form Survey. Associations were investi...
(Lebernegg and Eberl2021). At the time of our survey the inoculation rate picked up speed, as the previous prioritization of who received a dose of the vaccine was lifted. So, participants with low approval of the COVID-19 measures and being unvaccinated could be ascertained to have a ...
The ambition is to elevate Malaysia into the world’s top 30 economies within 10 years. Anwar is seeking to attract foreign direct investment, push the leading sectors up the value chain, and accelerate the growth rate by up to 6% per annum. His efforts are meeting with some success – ...
well above the 10% minimum regulatory requirement. Overall asset quality generally improved, with the nonperforming loan ratio falling further to 2.6% in 2023, from 3.3% in 2022. The banking sector benefited from the rising interest-rate environment, resulting in a better-than-expected return on...
Thailand’s central bank has kept its key interest rate unchanged at 2.5% this year, for example. That is the highest level in over a decade. The central bank is unlikely to cut rates ahead of any easing by the Fed, as it this could cause capital outflows that would weaken the baht ...
In a July 2023 report, the central bank said that the banking industry continues to remain resilient with an aggregate Capital Adequacy Ratio of 21.3% as of Q1 2023. It added that in line with the increasing interest/profit rate environment an upward trend was recorded in the banking sector’...
The fighting had also renewed pressure on the exchange rate, while a combination of internal and external developments had triggered a rise in inflation. Interventions to encourage foreign-currency inflows and regulate exchange rates have generally been ineffective in restoring stability, while exacerbating...