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vrijdag 24 maart 2017

Maleisië: EU says considering lower requirements for fintech services

EU says considering lower requirements for fintech services
The European Commission is considering lowering regulatory requirements for emerging financial technology services in a bid to spur innovation and cut costs, the EU executive's vice president suggested on Thursday. "Fintech" firms use modern technology to compete with traditional financial services...
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Malaysia-EU trade to grow by 20%-30% with FTA
The proposed Malaysia-European Union (EU) Free-Trade Agreement (FTA) is expected to boost total trade by 20% to 30% from the current 10%, said EU Ambassador and head of delegation to Malaysia Maria Castillo Fernandez. She said this was based on the EU's FTA with South Korea for the past five years,...
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Economy to grow 4.3%-4.8% this year
The Malaysian economy is expected to grow at a faster pace this year at between 4.3% and 4.8%, said Bank Negara. Last year, the economy grew by 4.2%. The central bank governor Datuk Muhammad Ibrahim (pic) said domestic demand would continue to be the main anchor of growth for this year, as well as...
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Highlights of Bank Negara Financial Stability Report 2016
• Domestic financial stability was sustained amid bouts of heightened financial market volatility • Key potential sources of risks to domestic financial stability stemmed from high levels of domestic debt, elevated property prices in some segments of residential property, an oversupply of...
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