Govt confident of achieving 80% coverage by this year, says deputy minister
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Crisis complicates Fed’s plans to further hike interest rates as it struggles to rein in inflation

However, temporary blip in US financial, capital markets may pose some indirect impacts, he says
Focus will be on high-tech, high value-added sectors, such as smart manufacturing, AI, digitalisation
Continuous positive momentum fortified by double-digit growth in transport equipment, other manufactures, among others
Deputy minister says among them are majority local ownership, providing domestic jobs
Infrastructure development at 89.4% completion, says minister

Shares heavily oversubscribed in region’s biggest-ever stock launch

Market participants on alert for potential downside risk after US-based bank’s collapse

Signature Bank shutters as agencies say the former’s depositors to get their money back
Company says net income for 2022 at US$161.07 bil, up from US$110 bil in 2021
