Trump plans to exempt tips from taxation
Donald Trump’s new proposal to exempt tips from taxation would add between US$150bil to US$250bil to the federal budget deficit…
Category: Economy
Favourable upstream prospects on Brent prices
The outlook for the Malaysian upstream oil and gas (O&G) segment is expected to be favourable, with Brent crude oil…
Slower retail sector likely in second quarter
As more Malaysians feel the pinch of inflation and the rising cost of living, many have been forced to re-evaluate…
Competitive ranking slips
Malaysia’s 34th position in the 2024 World Competitiveness Ranking marks its poorest performance in years, as neighbouring Singapore regained its…
UK inflation returns to target for first time since 2021
LONDON: British inflation returned to its 2% target in May for the first time in nearly three years, official figures showed…
Economy is set for steady rebound in 2Q
China’s economy is set to rebound steadily in the second quarter, given steady demand recovery, resilient exports and a low…
Island nations to boost funding access
A group of wealthy Caribbean nations is trying to shake up global finance in a way that would cut dependence…
S’pore’s non-oil domestic exports dip 0.1% in May
Singapore’s non-oil domestic exports (Nodx) performed better than expected in May, dipping 0.1% after shrinking a revised 9.6% in April.
M’sia, China to ink five-year economic programme
The Five-Year Programme for Economic and Trade Cooperation between China and Malaysia is expected to be signed soon during the…