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Bank Negara expects business conditions to improve in second half of 2020 | Malay Mail

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KUALA LUMPUR, Oct 14 ― Bank Negara Malaysia (BNM) expects business conditions to improve in the second half of the year (2H2020), in line with the gradual improvement in economic activity. “The extension of targeted financial relief measures will continue to help support businesses alongside...

Wednesday, 14 Oct 2020 12:31 PM MYT

“The extension of targeted financial relief measures will continue to help support businesses alongside corporate and small and medium enterprise guarantee schemes as the recovery takes a stronger hold. Corporate sector external debt increased by 4.9 per cent, mainly driven by additional borrowings by firms in the oil and gas-related sector and valuation effects following the weaker ringgit during 1H2020 against selected major and regional currencies.

 

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