The U.S. dollar wallowed near a one-week low versus major peers on Friday, on course for its worst week since late March, amid strengthening views that the Federal Reserve will forgo an interest rate hike this month.
Malaysian manufacturers often reported demand weakness in May and this was evident across a range of indicators in the latest PMI survey.
Smallholders in Peninsular Malaysia, Sabah and Sarawak are eligible to receive the Rubber Production Incentive (IPG) starting from June 1 to 30, 2023 based on rubber production in May 2023.
On the basis of analysis by Fact.MR, the global industrial rubber market is estimated to be valued at US$ 36.3 billion in 2023 and is expected to grow at a CAGR of 5.5% during the forecast period of 2023-2033.
The Finance Ministry, in collaboration with the Thai Chamber of Commerce and the Rubber Authority of Thailand, has signed a letter of intent for the Capital Flow in Rubber Industrial Estate project to boost the international competitiveness of entrepreneurs in the rubber supply chain.
Starting salaries advertised in Britain reached the highest level in two years in April and there were the most job vacancies since December, suggesting some recovery in the labour market, according to job search website Adzuna.