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China’s manufacturing activity shrinks as exports drag, S&P PMI shows
BEIJING: China’s factory activity deteriorated in July, as a softening of new business growth led manufacturers to scale back production, a private-sector survey showed on Friday. Read full story Date: […]
Malaysia factory slump eases as July PMI hits five-month high
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.7 in July, up from 49.3 in June. The latest reading indicates the slowest decline […]
Japan says ‘seriously concerned’ about Myanmar elections without release of those detained
TOKYO (Reuters) -Japan is “seriously concerned” that Myanmar’s planned elections without release of those detained could provoke “further strong backlash from the people” and “make a peaceful resolution more difficult”, […]
Sarawak business group hails 13MP aims to boost state growth, clean energy
KUCHING: The core elements of the 13th Malaysia Plan (13MP) are aligned with Sarawak’s goals of accelerating growth under its post-Covid development strategy, says the Dayak Chamber of Commerce and […]
Man remanded for alleged murder of six-year-old son
JEMPOL: Police have obtained an order to remand a 36-year-old man for seven days from the magistrate’s court in Bahau to assist in investigations into the alleged murder of his […]
13MP helps Sarawak develop as clean energy powerhouse, targets 10GW by 2030
KUCHING: The 13th Malaysia Plan’s (13MP) focus on positioning Sarawak as a regional sustainable energy hub complements the state’s sustainable energy development, says Datuk Dr Hazland Abang Hipni. Read full […]
Financial sector must play key role in enabling SMEs in strategic growth sectors, says BNM Governor
KUALA LUMPUR: As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to […]
US softens tariff on Malaysia, boosting FBM KLCI
KUALA LUMPUR: Investors welcomed the reduction in US tariffs on Malaysian exports, with sentiment turning positive in early trade after the rate was lowered to 19% from the previous 25%. […]
Ringgit opens flat against US dollar, higher versus other majors
KUALA LUMPUR: The ringgit opened flat against the US dollar but rose against other major currencies, with investors still weighing the outcome of the Federal Open Market Committee (FOMC) meeting […]
Rwanda, Congo hold first meeting of joint oversight committee under peace deal
(Reuters) -Rwanda and the Democratic Republic of Congo held the first meeting of a joint oversight committee on Thursday, taking a step toward implementing a peace deal agreed last month […]