Data centres make up the bulk of RM144.7bil in approved digital investments
KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) announced today that of the RM144.7 billion approved digital investments…
Category: Economy
Australia Q1 inflation slowdown disappoints, rate cut bets gone
SYDNEY: Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a…
Vietnam apparel companies raise concerns over 2H production
Domestic textile and garment companies will face mounting pressure in production and business in the second half of 2024 due…
PMIs improve even as weak yen intensifies price pressures
Key gauges of Japan’s manufacturing and service activity improved in April to their highest levels in nearly a year even…
Milei trumpets quarterly budget surplus on Argentine TV
President Javier Milei has announced Argentina’s first quarterly financial surplus since 2008 during a televised speech, promising his commitment to…
Consumer companies likely to face a mixed year
Consumer companies will likely see mixed fortunes this year, with those in the staple-food segment expected to remain resilient, while…
China finance ministry echoes Xi’s call for bond trading at PBoC
China’s Finance Ministry says it supports allowing the central bank to trade government bonds, reaffirming President Xi Jinping’s position, which…
Strongest warning yet on readiness to intervene
Japanese Finance Minister Shunichi Suzuki says last week’s meeting with his US and South Korean counterparts has laid the groundwork…
SERC has positive outlook on exports this year
The Socio-Economic Research Centre (SERC) expects a positive outlook for Malaysian exports this year, mainly driven by a recovery in…