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,…
Category: Economy
Immigration slows, record number of Kiwis depart
New Zealand’s immigration slowed to an 11-month low in April as record numbers of citizens departed, suggesting a softening of…
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…
Recovery in global demand contributes to rise in country’s IPI
Malaysia’s industrial production is expected to maintain its positive momentum for the remaining part of this year.
Labour market likely to remain stable throughout this year
Malaysia’s labour market is poised for continued stability and growth throughout the year, buoyed by economic activities and supportive government…
Special incentives for AI data centres
The Investment, Trade and Industry Ministry (Miti) will develop special incentives for artificial intelligence (AI) data centres, says Minister Tengku…
Generative AI set to shake up job market, create new opportunities
The advent of generative artificial intelligence (AI) is set to replace or make some jobs obsolete, but it could also…
Philippines seeks more deals with Japan and US
The Philippines wants top market Japan to cut tariffs on its banana exports as Manila pushes for deeper economic ties…