US producer prices unexpectedly fall in May
WASHINGTON: U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging…
Category: Economy
Malaysia keeps inflation outlook for 2024 after diesel subsidy reforms
KUALA LUMPUR: Headline inflation in Malaysia is expected to remain within the government's projected range of 2% to 3.5% for…
Economy is on track for soft landing, says Chambers
Australia’s government is “cautiously confident” it can bring the economy in for a soft landing despite anemic growth in the…
Pakistan likely to hike taxes before crucial IMF loan
Pakistan’s government is set to unveil its budget this week, with Finance Minister Muhammad Aurangzeb likely under pressure to hike…
Boosting organic, sustainable agriculture in Northern Midlands regions
Organic farming areas are often fragmented and lack sufficient barriers to prevent chemical contamination from neighbouring conventional farms.
Colombia faces weakening case for cuts
Colombian inflation stopped slowing in May for the first time in more than a year, potentially weakening the case for…
BoK calls for balance in considering rate cut
Bank of Korea (BoK) governor Rhee Chang-yong called for a balanced approach in considering the timing of a policy pivot,…
Domestic tourism expenditure surges 25.3% in 1Q 2024
Domestic tourism expenditure in the first quarter of 2024 (1Q 2024) soared 25.3 per cent year-on-year to RM24.1 billion, said…
EPF’S 1Q income rises 33.1% to RM19.2bil
The Employees Provident Fund recorded total distributable income of RM19.20bil for the first quarter ended March 31, 2024, an increase…