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Malaysia must avoid 'boom-bust' cycles to finally claim Asian Tiger status, central bank governor says - TL;DR CNBC

Malaysia must avoid 'boom-bust' cycles to finally claim Asian Tiger status, central bank governor says

Publishing timestamp: 2024-10-25 09:02:01


Summary

Governor of Malaysia's central bank believes Malaysia is close to achieving "Asian Tiger" status but must avoid widening inequality. The country is experiencing economic growth, particularly in the semiconductor industry, and is diversifying its economy. The governor warns of economic uncertainty with the looming U.S. election and emphasizes the importance of being prepared for potential policy shifts.


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Keywords: business newsmalaysiaasia economydonald trumpassociation of southeast asian nationsintel corp

Source: https://www.cnbc.com/2024/10/25/malaysia-must-avoid-boom-bust-cycles-to-claim-asian-tiger-status.html


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