Tuesday, April 21, 2015

Brunei Darussalam’s banks weather oil price volatility

Brunei Darussalam’s banks weather oil price volatility


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Banks in Brunei Darussalam have so far weathered the impact of falling oil prices, winning plaudits from credit rating agencies for their resilience and stability.


Credit ratings agency Standard & Poor's (S&P) said in early March that ...







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Latest Economic News Updates


Malaysia experiences softer housing market

Concerns about rising household debt and the introduction of a goods and services tax (GST), which came into effect on April 1, are likely to contribute to a cooling in the residential segment of Malaysia’s property market.


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Double-edged sword for Omani industry

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Latest Report




The Philippine economy is gradually on the rise, largely driven by its business process outsourcing, industry and construction sectors. The average pace of growth in the Philippines in the first half of the decade was 6.3%, compared to 6% in Indonesia, 5.8% in Malaysia and Vietnam, and 3.6% in Thailand. The government has been widely commended for its efforts to improve business conditions and reduce corruption, while a relatively conservative fiscal policy has helped boost the economy’s credibility and steer investment into the private sector.









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