Philippines net FDI rises for third straight month
Long-term capital flows into the Philippines surged by more than a fifth in March, growing for the third consecutive month…
Category: Economy
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…
Malaysia approved RM114.7bil investments in data centres, cloud services from 2021 to 2023
Malaysia has approved RM114.7bil worth of investments in data centres and cloud services between 2021 and 2023, said Prime Minister…
MITI to develop special incentives for ai data centres – Tengku Zafrul
The Ministry of Investment, Trade and Industry will develop special incentives for artificial intelligence (AI) data centres, said minister Tengku…
Targeted fuel subsidy will help consolidate govt’s fiscal position – economists
Malaysia’s targeted diesel subsidy mechanism which began on Monday will strengthen the country's fiscal position, economists said.
Opec’s surprise output hike offers Biden break on prices
US President Joe Biden may have just received a timely election boost from an unlikely source.