Business News
US Job Gains Exceed Expectations with Strong May Employment Report
Private service providers saw their workforce expand by 204,000, marking the fastest growth in a year in strong US jobs gain
Category: Economy and Business
Business News
What’s up with the IMF and its upgraded forecast for China’s economy?
The IMF upgraded China’s economic forecast to 5% growth for 2024, citing strong Q1 performance and property sector support
Branding
Malaysia’s Fashion Industry Weaves Profitability
In the vibrant streets of Kuala Lumpur, fashion is more than just clothing; it’s a statement of identity and culture.
Economy and Business
EPF Flexible Account: Nearly 3 million applications or RM8.78 billion for transfer
EPF Flexible Account: 2.86 million applications received totaling RM8.78 billion, for transfer to Flexible Account, expects numbers to rise before the August 31 deadline
Business News
Malaysia’s Leading Index Indicates Optimistic Economic Growth
The positive CI aligns with better-than-expected GDP and economic growth for the first quarter of 2024
Business News
Trump’s Economy Record Exposes a Complicated Reality During Presidency
Trump’s economy: Budget deficits surged despite claims of greatness, and trade deals yielded mixed results during his presidency
Business News
PM Anwar: Bill on Gig Workers Commission tabled in July
Anwar Ibrahim announced the Gig Workers Commission bill will be tabled in July to protect the rights and careers of over 100,000 young gig…
Business News
Ringgit appreciates vs Dollar, Bursa trends higher with positive market sentiments
Ringgit appreciates with positive market sentiments that have also pushed Bursa to trend higher on Monday
Economy and Business
Malaysia’s Economic Performance in 1Q24: A Strong Start
In 1Q24, Malaysia's economy grew by +4.2% yoy, driven by services and manufacturing, improved household spending, and robust domestic investment and consumption
Business News
Rubber glove industry turnaround with new U.S. tariff on China
The lifting of import bans on Top Glove and Supermax by the US FDA, following the resolution of forced labor concerns adds to Malaysia's…
Economy and Business
Malaysia economic data released last week
Economic data shows more encouraging consumer spending. Retail trade sales rose by +7.1%yoy in Mar-24, marking the fastest
Economy and Business
Global Debt Monitor: Navigating the New Normal
The global debt monitor shows emerging market debt topped $105 trillion in Q1 2024, with the largest increases coming from China, India, and Mexico.
Banking and Finance
Status-quo in OPR with a backdrop of global economic expansion
Despite facing headwinds from tight monetary policies and reduced fiscal support, the MPS anticipates sustained global growth. Kept OPR at 3.0%
Economy and Business
USD/MYR Forecast: Soft Landing Scenario with MYR Target 4.50
US Federal Reserve's soft landing scenario projects MYR to reach 4.50 by year-end, impacted by inflation and potential rate cuts
Business News
ACCCIM underscores Malaysia’s competitive advantages
ACCCIM underscores Malaysia's competitive advantages, including favorable infrastructure and cost-effectiveness compared to neighboring countries like Singapore
Branding
Another Boeing Whistleblower Passed Away, Raising Suspicions to Company
There have been numerous debates as to whether the number of whistleblowers in relation to Boeing has passed away. Social media users debate that…