[ KUALA LUMPUR: MIDF Research projects Malaysia’s economy to grow stronger at 4.7 per cent this year amid improving growth momentum. In its monthly economic review for January 2024, the research house noted that the pick-up in growth will be supported by the external trade recovery, on top of the sustained growth in domestic spending. … Read more
[ TAIPEI: Taiwan’s trade-dependent economy accelerated in the fourth quarter, growing faster than expected thanks to strong domestic consumption and a rebound in exports, and expanded 1.4% for the full year. Taiwan is a key hub in the global technology supply chain for companies such as Apple Inc, and home to the world’s largest contract … Read more
[ As the interim Union Budget 2024-25 approaches, expectations in the education sector are heightened, anticipating transformative initiatives. From primary education to higher studies, the sector eagerly awaits measures to address challenges such as skill development, international exposure, and aligning educational standards with global benchmarks.The renewed call to boost the budgetary allocation from the current … Read more
[ KUALA LUMPUR: RHB Investment Bank (RHBIB) has maintained its projection that Malaysia’s gross domestic product (GDP) will grow by 4.6 per cent in 2024. RHBIB said the growth momentum is expected to accelerate this year, driven by improvements in external demand. “The nominal export growth is projected to rebound by 4.3 per cent year-on-year … Read more
[ KUALA LUMPUR: RHB Investment Bank Bhd (RHB IB) maintained its sanguine view of Malaysia’s trade outlook for 2024, with exports to rebound by 4.3 per cent year-on-year in 2024 from a decline of 8.0 per cent in 2023. The research house said in a note today that the export momentum is anticipated to pick … Read more
[ New Delhi: The Indian economy is expected to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy, the National Statistics Office said on Friday. However, these are early projections for 2023-24. Improved data coverage, actual tax collections, expenditures incurred on subsidies, and data revisions made by source agencies … Read more
[ The UK economy shrank in the third quarter, raising the possibility that Britain is already in a recession. Revised figures Friday showed GDP dropped 0.1% from the second quarter, a downgrade from the zero growth initially estimated. Economists had expected the second estimate to be unchanged.The ONS also downgraded its GDP figure for the … Read more
[ BSE India total market capitalisation has crossed $4 trillion and its GDP is in striking distance of $4 trillion.Indeed, a moment to celebrate. The real question now is how do we look at the future. How does India stack up against the world today?India Stands OutGlobal investors’ portfolios are divided into US, Europe, China, … Read more
[ TOKYO: Japan’s economy shrank at the sharpest pace since the height of the pandemic, an outcome that complicates the policy path for the Bank of Japan (BoJ) amid soaring speculation it is edging closer to scrapping the world’s last negative rate regime. Gross domestic product (GDP) contracted at an annualised pace of 2.9% in … Read more
[ TOKYO: Japan’s economy fell faster than first estimated in the third quarter, revised data showed on Friday, as the household sector faced growing headwinds, complicating the central bank’s efforts to phase out its accommodative monetary policy. Consumer and business spending both shrank, driving down third-quarter gross domestic product (GDP). Separate data showed real wages … Read more
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