South Korea extends rate pause, raises growth outlook
SEOUL: South Korea's central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the…
Category: Economy
Savings from fuel subsidies not expected to impact FDI or ringgit
The proposed removal of fuel subsidies is unlikely to impact the ringgit in any way unless it is used to…
Singapore Q1 GDP up 2.7% y/y, above market forecast
SINGAPORE: Singapore's economy grew 2.7% on a year-on-year basis in the first quarter of 2024, government data showed on Thursday,…
EC official sees big private chip investment
The European Chips Act is on track to help attract more than €100bil (US$108.41bil) worth of private investment to the…
Bank Indonesia signals no further rate increases
Indonesia’s central bank held interest rates unchanged yesterday, as expected, with governor Perry Warjiyo reiterating that the current benchmark level…
Vietnam’s retail real estate draws major international interest
Vietnam’s retail real estate market is thriving in terms of scale and quality, with occupancy rates above 90% in major…
China’s consumer electronics sales emerge from ‘winter slump’
After enduring nearly two years of a “winter slump”, the Chinese consumer electronics market is showing signs of recovery, with…
Manufacturing industry capacity utilisation hits 80.8%
The manufacturing industry operated at 80.8% capacity in the first quarter of 2024 (1Q24), up from 79.8% a year ago,…
Efforts to promote carbon capture move forward
Efforts are under way to move forward preparation for a comprehensive legal framework to implement carbon capture, utilisation and storage…