ECONOMY Featured Caterpillar Inc. explores offshore production to counter mounting U.S. tariffs Caterpillar Inc. plans to shift parts of its production outside the U.S. as tariffs threaten to raise costs by $350 million. Facing declining revenues and global uncertainties, the company is rethinking its supply chain to stay competitive.
ECONOMY MyKios 2.0: Antara Harapan dan Ketirisan Projek MyKios 2.0: Kos RM25,000 untuk 62 kaki² - 8 kali lebih mahal berbanding rumah PPR. MCW persoal ketirisan, minta audit segera. Rakyat layak tahu wang mereka dibelanjakan dengan betul.
ECONOMY EPF's Tough Start to 2025: What's Behind the Q1 Performance Drop? EPF had a rough start to 2025 with earnings down 15%. Global markets and the weak ringgit are to blame, but is this just a temporary setback for Malaysia's biggest retirement fund?
ECONOMY Japan's Economic Countermeasures Amidst U.S. Tariff Tensions On Monday, Japan announced a robust response to new U.S. tariffs targeting its auto exports, unveiling a comprehensive emergency economic package. This move comes as trade frictions between the long-standing allies threaten to disrupt supply chains across Asia. Key Developments: * The U.S. has imposed a 25% tariff on
ECONOMY Tindak Balas Ekonomi Jepun Terhadap Tarif AS Tarif yang berkuat kuasa pada 4 Mei, terutamanya memberi kesan kepada sektor automotif Jepun, yang mengeksport kenderaan bernilai $48 billion ke AS pada tahun lepas. Penganalisis memperkirakan bahawa duti-duti ini boleh mengurangkan pertumbuhan KDNK Jepun sebanyak 0.3-0.5 peratus pada 2025.
ECONOMY Bank Negara Malaysia Maintains OPR at 3.00% But Analysts Predicts July Cut Bank Negara Malaysia (BNM) has kept the Overnight Policy Rate (OPR) at 3.00% during its recent Monetary Policy Committee (MPC) meeting, while reducing the Statutory Reserve Requirement (SRR) by 100 basis points to 1%, effective May 16, 2025.
ECONOMY Anwar Hadapi Tiga Cabaran Getir: Tarif AS, GST Kembali, Modal Politik Terhakis Tinjauan terkini Merdeka Center mendedahkan penurunan mendadak rating kelulusan Anwar kepada 48%, jatuh 12 mata sejak akhir 2023.
ECONOMY Anwar's Triple Challenge: US Tariffs, GST Revival, and Eroding Political Capital The PM’s reformist credentials are fraying as economic anxieties mount. A recent Merdeka Center poll shows his approval rating dropping to 48%, down 12 points since late 2023. Middle-income voters, in particular, cite frustration over stagnant wages and the GST’s return.
ECONOMY US Tariffs on Malaysia: A New Challenge for Anwar's Economic Agenda According to the Malaysian Ministry of Investment, Trade and Industry (MITI), the government will not retaliate with additional tariffs. Instead, Malaysia will engage in negotiations with the US to seek a resolution that upholds the principles of free and fair trade.
ECONOMY Nusantara Capital: Pioneering Sustainable Growth with Magnum Resort and AIS Campus The Magnum Resort is poised to become a flagship destination within Nusantara Capital, reflecting Indonesia’s commitment to sustainable tourism. This resort will feature eco-friendly designs, integrating local culture and natural beauty into its architecture.
ECONOMY Global IT Outage: What we know so far ✈️ Certainly! Here’s a concise summary: A worldwide IT outage disrupted banks, media, and airports due to a defective software update, impacting services and travel plans. 🌐✈️🔌
ECONOMY The Silent Epidemic: ASEAN’s Struggle with Developed Country Diseases The shift from labor-intensive industries to technology-driven ones can result in job losses and regional economic disparities. Managing this transition effectively is crucial to maintaining economic stability and growth.
ECONOMY Anwar Ibrahim Calls for Urgent Pension Reforms to Secure Financial Future for Malaysians "EPF data shows that one in four members exhaust their savings within five years after reaching the withdrawal age," Anwar stated while insisting on pension reforms
ECONOMY Global Leaders Deliberate AI Regulation China: The Middle Kingdom wields a precise scalpel. Its targeted AI laws focus on data privacy, cybersecurity, and national security. China treads the fine line between harnessing AI’s potential and maintaining strict controls.
ECONOMY Indonesia’s 2024 Economic Growth Target: Navigating Challenges and Aspirations Despite external uncertainties, domestic growth remains resilient. Economic actors exude confidence, and the entrepreneurial spirit thrives. However, sustaining this momentum necessitates concerted efforts.
ECONOMY Featured The Impact of Fed's Rate Cut on Asian Currencies: A Strategic Perspective As the Fed prepares to deploy its rate-cutting measures, Asian currencies find themselves at a pivotal juncture. While opportunities are abundant, vigilance is paramount.
Germany exports Germany's Economic Titan Stumbles: Unpacking the Challenges Threatening Europe's Growth Engine These issues, compounded by internal political discord, have cast a shadow over Germany's economic outlook, with forecasts indicating a notable slowdown in growth, and in some instances, even a contraction in output.
ECONOMY Eurozone Walks Economic Tightrope: Navigating Challenges Amidst Recession Risks The technical definition of a recession—two consecutive quarters of negative growth—holds true for the eurozone, as witnessed in the first quarter of 2023 with a contraction of 0.1% and a further shrinkage of 0.2% in the preceding quarter of 2022.
ECONOMY Featured Cautious Optimism: Will 2024 Deliver Economic Recovery for ASEAN, China, and Malaysia? So, while we cannot give a definitive yes or no answer to whether 2024 will be the year of economic recovery, we can say that the collective spirit of these nations will be crucial
Impact of Countries Cutting Ties with Israel on Its Economy Bolivia, Chile, and Colombia have taken drastic diplomatic steps against Israel by recalling their ambassadors from Tel Aviv. Jordan also recalled its ambassador, while Turkey, Chad, and South Africa pulled their ambassadors out.
ECONOMY Anwar's Economic Policies Under Scrutiny: Critics Highlight Lack of Specificity An amalgamation of criticisms has been directed at Anwar's economic strategies. A noteworthy concern is the dearth of specificity, coupled with a predilection for market-oriented approaches.
Featured Unlocking Alliances: The Intriguing Dynamics of African Military Contracts with Russia It's important to grasp the multifaceted nature of these military contracts and cooperative arrangements, as they hold diverse implications for both Russia and the African nations involved.
money Euro Zone Inflation Fall Confirmed, Easing Pressure on ECB to Hike Meanwhile, housing, water, electricity, gas & other fuels, the second largest component in the index, eased to the lowest level in almost 2.5-year at +0.8%yoy (Jun-23: +2.5%yoy).
geopolitics China's Quest for Chip Self-Sufficiency: Geopolitical Implications and Global Impact China is changing the game in the chip business after setbacks that has awakened its interest in being self-sufficient in semiconductors
ECONOMY Gold Reserves Surge: Is China Rewriting the Rules of Global Finance The surge in central bank purchases of gold is a notable trend, as many countries aim to reduce their reliance on the US dollar. Amid high inflation, gold reserves offer a way for banks to diversify and move away from the dollar.