Global tech upcycle to underpin trade recovery
The Malaysian economy is projected to grow between 4% and 5% in 2024, supported by export recovery and resilient domestic…
Category: Economy
Domestic tourism expenditure surges 25.3% in 1Q
Domestic tourism expenditure in the first quarter of 2024 (1Q24) soared 25.3% year-on-year to RM24.1bil, according to the Statistics Department.
Foreign stocks lift EPF earnings
Outperforming overseas investments, mainly foreign stocks, remained the biggest contributor to the Employees Provident Fund (EPF) as it generated RM9.88bil…
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…
Special incentives for AI data centres
The Investment, Trade and Industry Ministry (Miti) will develop special incentives for artificial intelligence (AI) data centres, says Minister Tengku…
Generative AI set to shake up job market, create new opportunities
The advent of generative artificial intelligence (AI) is set to replace or make some jobs obsolete, but it could also…
Philippines seeks more deals with Japan and US
The Philippines wants top market Japan to cut tariffs on its banana exports as Manila pushes for deeper economic ties…
Sitharaman gets finance portfolio for another term
Nirmala Sitharaman, who is credited with India’s economic success over the past five years, will remain finance minister in Prime…