Output dips despite high growth expectations
Factory production in Singapore fell in February, breaking a seven-month rising streak, after the biomedical and electronics clusters contracted year-on-year (y-o-y).
Austria faces third year of recession in 2025, moderate growth expected in 2026
VIENNA, March 27 (Xinhua) -- Austria is set to experience its third consecutive year of recession in 2025, with economic recovery anticipated in 2026, according to forecasts released on Thursday.
Robust loan growth to buoy Malaysian banks
The Malaysian banking sector is expected to remain on a firm footing moving into the second quarter of the year, thanks in part to strong loan growth.
Roundup: British GDP growth forecast halved to 1 pct in 2025, says chancellor
LONDON, March 26 (Xinhua) -- Britain's economy is now expected to grow by just one percent in 2025, down from the previous forecast of 2 percent, the country's finance minister said on Wednesday.
Bank Negara remains data-driven in assessing inflation, growth outlook
KUALA LUMPUR: Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.
X to report first annual ad revenue growth since Musk's takeover, data shows
(Reuters) - Elon Musk-owned social media platform X is poised for the company's first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed on Wednesday.
Alliance Bank’s rights issue to support loan growth
Alliance Bank Malaysia Bhd's (ABMB) proposed right issue to raise RM600mil in fresh capital aims to support its 10% to 12% loan growth target over the next two years, while strengthening its common equity tier 1 (CET1) ratio to 13.5%.
Modest FY25 growth in pre-tax profit seen for CelcomDigi
CelcomDigi Bhd's guidance of modest growth in pre-tax profit for the financial year 2025 (FY25) is due to the risk of potentially higher costs for the final phase of network consolidation as well as information technology (IT) system integration and talent refresh.
Further earnings growth expected for Duopharma
CGS International (CGSI) Research remains positive on Duopharma Biotech Bhd's (DBB) earnings trajectory in financial year 2025 (FY25).
Canada's RBC says AI investments to shape growth strategy
(Reuters) - Royal Bank of Canada CEO Dave McKay on Thursday underscored the role of artificial intelligence in fueling the top Canadian lender's next phase of growth.
Asia remains key growth engine for global economy; region's GDP growth expected to be 4.5% in 2025
Despite increasing global economic uncertainty, Asia has remained a key growth engine for global economy, according to a report released at the Boao Forum for Asia (BFA) on Tuesday.
Global renewable power capacity falls short of targets despite record growth last year, says IRENA
BERLIN: Global renewable energy capacity registered record growth in 2024 but progress is still falling short of the 2030 renewable capacity target, a report by the International Renewable Energy Agency (IRENA) showed on Wednesday.
Asia’s economic growth to drive global stability in 2025
ASIAN economies, with real GDP growth projected to be 4.5 percent for 2025, will continue to play a crucial role in driving global economic stability and growth, said a report released on Tuesday at the Boao Forum for Asia Annual Conference 2025.
Kim Loong poised for growth with higher FFB output
Kim Loong Resources Bhd has registered a fourth quarter result that was below expectations, according to TA Research.
Alliance Bank report: 79% of MSMEs expect revenue growth in 2025, despite cost pressures
KUALA LUMPUR: The Alliance Bank MSME Business Outlook Report 2025 revealed that 79 per cent of Malaysian micro, small, and medium enterprises (MSMEs) anticipate revenue growth in 2025, driven by strong domestic demand and accelerated digital adoption.
Bank Negara projects 4.5%-5.5% GDP growth, inflation to remain manageable
KUALA LUMPUR: Bank Negara projects the Malaysian economy to grow by 4.5% to 5.5% this year driven by sustained domestic demand anchored on private consumption, private sector investments as well as the continued progress of public sector infrastructure projects and the adjustments to civil service wages.
Larkin hub central to growth of state’s craft industry
SINCE its establishment in 1986 under Kraftangan Malaysia (Johor branch), this craft hub has played a pivotal role in preserving and promoting traditional crafts in the southern region, with continuous efforts made to support local artisans and sustain the industry.
Continuing growth for hospital operators
PETALING JAYA: Malaysia's healthcare sector is well-positioned for continued growth, supported by structural trends such as an ageing population and rising cases of non-communicable diseases (NCDs).
Somalia joins Afreximbank to boost intra-African trade, economic growth
MOGADISHU, March 24 (Xinhua) -- Somalia officially became the 53rd member of the African Export-Import Bank (Afreximbank) on Monday, as the East African country seeks to boost intra-African trade and economic growth.
Malaysia must accelerate AI adoption for economic growth, says Anwar
KUALA LUMPUR: Malaysia must expedite the exploration and application of artificial intelligence (AI) by fostering innovation and adopting a comprehensive, cross-ministerial approach, says Datuk Seri Anwar Ibrahim.
