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The global banking sector has undergone some major upheavals just as we started settling into the year. Three mid-sized US banks have collapsed while one of the world’s leading investment banks has over by a competitor. Not since the financial crisis of 2008 has the financial sector seen such uncertainty.
by Marjet Andriesse, Senior Vice President and General Manager, Red Hat APAC As we emerge from the pandemic, issues like inflation, geopolitical tensions, and disrupted supply chains are putting a damper on economic recovery. As Malaysia entered the endemic stage this year, moderate growth can be expected for 2023, following slightly dampened sentiments from enterprises and consumers amid the continuous economic and political instability in the country.
As we emerge from the pandemic, issues like inflation, geopolitical tensions, and disrupted supply chains are putting a damper on economic recovery. As Malaysia entered the endemic stage this year, moderate growth can be expected for 2023, following slightly dampened sentiments from enterprises and consumers amid the continuous economic and political instability in the country. Now is an opportune time for businesses in Malaysia to assess their strategy in preparation for the new year.
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