• Economy & Featured and Exclusive  |  APRIL 24, 2015 11:08 PM

    Najib: Asean to be world’s 4th largest economy by 2050

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    Asean is set to be the world’s fourth largest economy by 2050 based on the current trends of economic growth, said Prime Minister Najib Abdul Razak. He said it would have been the seventh-largest in the world now if Asean were …

  • Economy  |  APRIL 24, 2015 10:04 PM

    M’sia set to benefit from rapid Asean growth, says economist

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    Malaysia is expected to be a key beneficiary of the rapid growth of the Association of Southeast Asian Region (Asean), with its exports to other member countries set to grow strongly, helped by Asean Economic Community’s trade and investment liberalisation. In a statement …

  • Economy  |  APRIL 24, 2015 6:32 PM

    ‘Careful consideration needed for S’wak O&G investments’

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    Investments in the oil and gas (O&G) sector require careful planning and the proposed projects must be competitive. Sarawak Assistant Minister for Industrial Development (Investment and Promotion), Julaihi Narawi, said this also depends on market needs and the demand for the oil and …

  • Economy  |  APRIL 24, 2015 5:39 PM

    Philippines voices support for single Asean time zone

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    The Philippines government fully supports the idea of having a single Asean time zone, as proposed by Malaysia. Its ambassador to Malaysia J Eduardo Malaya said the idea to have common time zone for Asean capitals would benefit its 10-member country in …

  • Corporate & Economy  |  APRIL 24, 2015 5:22 PM

    Aerospace could be next growth sector, says Matrade

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    The aerospace industry could be the country’s new growth sector by 2030, said the Malaysian External Trade Development Corporation (Matrade). “By 2030, the global maintenance, repair and operations (MRO) market is expected to reach RM410 billion, and we are hoping to get at …