Targeted diesel subsidy to strengthen govt fiscal position, improve resource allocation – economist
KUALA LUMPUR: The implementation of a targeted diesel subsidy for consumers in Peninsular Malaysia, expected to save RM4 billion annually,…
Category: Economy
Fed officials urge patience on timing of initial rate cut
WASHINGTON/AMELIA ISLAND: Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation…
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…
Manufacturing industry capacity utilisation reaches 80.8% in 1Q – DoSM
KUALA LUMPUR: The manufacturing industry operated at 80.8 per cent capacity in the first quarter of 2024 (1Q 2024), up from…
Australia central bank pondered raising rates on higher inflation risks
SYDNEY: Australia's central bank decided to stand pat on interest rates at its May meeting in part to avoid "excessively…
Are climate concerns behind Indonesia’s capital city relocation?
WHILE the potential impacts of climate change, such as rising sea levels and increased flooding, could be significant, they do…