GLC Phenomenon Comes Home to Roost
Dr Suresh Ramanathan, Independent FX Strategist
27-Jul-16 09:35
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Bank Negara's rate cut is making us ponder about what it takes to stir economic growth. We can't seem to avoid fingering the role of government-linked corporations in elbowing out the kind of innovation that can come from private enterprises.
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Tags: GLCs, government in business, OPR, bank negara, GDP growth, Abenomics, JPY, stimulus, USD, FOMC, Interest rates