partly due to the high base of last year. Public spending excluding transfers also declined from acceleration in disbursement during last year. Nevertheless, private consumption remains the key driver with
products and also from the decline in global oil prices and the high base effect of last year expedited exports before the increase in US import tariffs on Chinese products. In the tourism sector, the number
also from the decline in global oil prices and the high base effect of last year expedited exports before the increase in US import tariffs on Chinese products. In the tourism sector, the number of
effective on 1 April 2019, as well as hire purchase growth remained high consistent with car sales. However, commercial banks remained tighten credit standards as their concern on a deterioration in debt
systems remained sound as banks continued to closely monitor credit quality and maintain high levels of provisions, capital fund and liquidity to facilitate further credit expansion. LH Financial Group
wide range of economic activities, weakening purchasing powers, lowering household income, increasing number of laid off labors, high debt burden, and lowest consumers’ confidence in more than 21 years
commercial vehicle segment and the 2 passenger car segment growing at 7.2% and 21.7% respectively when compared to the same period last year. The high increase in the passenger car segment is still from the
for the commercial vehicle segment and the passenger car segment growing 2 at 7.5% and 23.7% respectively when compared to the same period last year. The high increase in the passenger car segment is