Malaysia's central bank is expected to keep its benchmark interest rate unc...
KUALA LUMPUR - Malaysia’s central bank is expected to keep its benchmark interest rate unchanged at a policy review on Thursday, a Reuters poll found, as it keeps room for potential easing later should global growth fall sharply.
Due to the Sino-U.S. trade war and other factors hurting global demand, there is concern about whether Malaysia can continue to have solid growth. The biggest mega-project resumed by the government is for a “Belt and Road” rail line, at a reduced cost of $11 billion instead of the $20 billion expected before the plan was suspended in July 2018.
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