Malaysia’s economy (gross domestic product or GDP) is projected to slow to 3.5% in the second quarter of this year (2Q2023), down from an estimated 5.1% in 1Q2023, due to waning low base effect and as the economy returns to normalcy with the absence of stimulus measures, according to Kenanga Investment Bank Bhd.
The Plantation and Commodities Ministry (KPK) through the Malaysian Rubber Council (MRC) is actively drawing up and implementing promotional activities to increase the export of high-value rubber products such as rubber gloves, tyres and latex mattresses, said deputy minister Datuk Siti Aminah Aching
China's used automobile sales logged a robust rebound in February, driven by mounting demand and a strong market recovery after the Spring Festival, industry data showed.
British retailers reported their first positive sales expectations in seven months, according to a survey published by the Confederation of British Industry on Monday, adding to other recent signs of recovery in the economy.
Multilateral development banks (MDBs) reluctant to offer debt relief need to shoulder an "equitable burden" in sovereign debt restructurings, a People's Bank of China official said on Monday.
Global stocks and US bond yields rose on Tuesday, as a US regulator-backed deal by First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector.