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…
Category: Economy
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…
Bond rally euphoria faces UK reality check
LONDON: A global bond rally ignited by signs that inflation in the world’s largest economy is finally slowing once again…
China’s central bank leaves key policy rate unchanged
China’s central bank left a key policy rate unchanged when rolling over maturing medium-term lending facility (MLF) loans yesterday, in…
Apec economies expected to grow at moderate pace – report
KUALA LUMPUR: The Asia-Pacific Economic Cooperation (APEC) economies are expected to continue to grow but at a moderate pace, reflecting uncertainties stemming from…
Growth of 4% forecast for first quarter of 2024
The country’s eyes will be refocusing on fresh gross domestic product (GDP) numbers for the first quarter of 2024 (1Q24),…
United States tariff hike will benefit Malaysia
The US plans to raise tariffs on a wide range of Chinese imports, including semiconductors, batteries, solar cells and critical…