Competitive ranking slips
Malaysia’s 34th position in the 2024 World Competitiveness Ranking marks its poorest performance in years, as neighbouring Singapore regained its…
Category: Economy
China’s economy is set for steady rebound in Q2
CHINA's economy is set to rebound steadily in the second quarter given steady demand recovery, resilient exports and a low…
BOJ chief Ueda signals chance of July rate hike
TOKYO: Bank of Japan Governor Kazuo Ueda said the central bank could raise interest rates next month depending on economic data…
Malaysia, China likely to discuss wide range of issues to enhance economic collaboration – experts
KUALA LUMPUR: Malaysia and China are likely to discuss issues focusing on innovation and inclusiveness, alongside green energy and commodities to enhance investments…
Singapore’s May exports down 0.1% y/y, better than forecast
SINGAPORE: Singapore's non-oil domestic exports edged down 0.1% in May from the same month a year earlier, data on Tuesday…
Global rate cut juggernaut is struggling to start
NEW YORK: Central banks cagey about joining the global interest rate cutting cycle may reveal themselves this week with a…
Australia expected to keep key interest rate at 12-year high today
SYDNEY: Australia’s central bank will likely hold its key interest rate at a 12-year high today as it tries to…
External debt up in 1Q, say Philippine government officials
Manila: The Philippines’ total foreign debt inched up to US$128.7bil in the first quarter amid “positive investor sentiment” that encouraged…
Huge rice imports won’t burden weak peso – Central bank reveals it has sufficient forex reserves
MANILA: There’s a minimal risk that the projected increase in inbound shipments of rice as a result of lower tariffs…