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MALAYSIA: Country Wrap:  Chinese Companies Focus on Malaysia.

MALAYSIA
EM BulletBulletAPACEmerging Market News
  • Ningbo Deye Technology Co., a Chinese inverter producer, plans to invest up to $150 million in building a solar equipment manufacturing base in Malaysia.
  • The Pengerang Energy Complex secured financing deals from credit agencies in the US, Europe and Malaysia as well as Islamic financing from entities of the Islamic Development Bank, according to a statement.
  • Malaysia’s Rubber Board and the Rubber Authority of Thailand signed a memorandum of understanding Monday in a joint bid to develop the rubber industry.
  • Malaysia’s FTSE Bursa Malaysia KLCI is down today -0.30% and on track for seven days out of eight declining.
  • MYR: the Ringgit is having a better day today, despite most Asian currencies down and is currently +0.10% better on the day.
  • Bonds:  yields have backed up today 1bp with the 10YR 3.84%
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  • Ningbo Deye Technology Co., a Chinese inverter producer, plans to invest up to $150 million in building a solar equipment manufacturing base in Malaysia.
  • The Pengerang Energy Complex secured financing deals from credit agencies in the US, Europe and Malaysia as well as Islamic financing from entities of the Islamic Development Bank, according to a statement.
  • Malaysia’s Rubber Board and the Rubber Authority of Thailand signed a memorandum of understanding Monday in a joint bid to develop the rubber industry.
  • Malaysia’s FTSE Bursa Malaysia KLCI is down today -0.30% and on track for seven days out of eight declining.
  • MYR: the Ringgit is having a better day today, despite most Asian currencies down and is currently +0.10% better on the day.
  • Bonds:  yields have backed up today 1bp with the 10YR 3.84%