Competitive ranking slips
Malaysia’s 34th position in the 2024 World Competitiveness Ranking marks its poorest performance in years, as neighbouring Singapore regained its…
Economy
UK inflation returns to target for first time since 2021
LONDON: British inflation returned to its 2% target in May for the first time in nearly three years, official figures showed…
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…
Emerging market bond rally comes under threat
NEW YORK: The balmy days of dovish monetary policy that fuelled a rally in emerging market bonds looks to be…
Japan core machinery orders down in April
TOKYO: Japan’s core machinery orders fell in April for the first time in three months, government data showed yesterday, due…
UK inflation to hit 2% for first time in three years
LONDON: UK inflation is expected to fall to the Bank of England’s (BoE) target for the first time in almost…
Elderly population offers economic opportunity for Vietnam govt
HANOI: The ageing population and the unique characteristics of the older cohort in Vietnam are golden opportunities for the country…
Seoul labour market and domestic demand
AMONG numerous indicators used to measure a certain aspect or aspects of economic activities, labour market statistics are widely known…
China industrial output cools, retail spending rises
Beijing: China’s industrial expansion slowed in May while retail spending beat forecasts in a sign that imbalances in the economic…