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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.
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.
KUALA LUMPUR: Malaysia's economic growth is expected to remain resilient this year, supported by continued progress on multi-year projects, rising household incomes, and easing global monetary conditions, RHB Investment Bank (RHB IB) said.
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.
China's annual economic growth rate in 2025 will "for sure be faster than that of last year", said a senior economist, stressing that there is great possibility for the government to roll out additional policy support within this year.
WINDHOEK, March 20 (Xinhua) -- Namibia's economic growth slowed to 3.7 percent in 2024, down from 4.4 percent in 2023, according to the country's latest Annual National Accounts released by the Namibia Statistics Agency (NSA) on Thursday.
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.
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.
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.
Malaysia's economic prospects for 2025 hinge on robust domestic demand offsetting a turbulent global landscape, as reflected in Bank Negara's recently released Economic and Monetary Review report.
PETALING JAYA: Datuk Seri Anwar Ibrahim acknowledges that Malaysia's economic performance indicates continued robust growth.
LONDON, March 25 (Xinhua) -- British Chancellor Rachel Reeves faces mounting skepticism from businesses and experts as she prepares to deliver her Spring Statement, or "mini budget," on Wednesday.
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.
VIENTIANE: Laos and Australia are cooperating to advance their trade and investment ties as part of Australia's South-East Asia Economic Strategy.
FOREIGN investors have soured on Southeast Asian markets as the rising threat of U.S. tariffs, worries over domestic growth and a surge in Chinese stocks prompt them to look elsewhere for gains.
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.
PETALING JAYA: Malaysia's economic transformation is set to unlock growth opportunities across multiple sectors, driven by strategic investments in digital infrastructure and water management.
China's emphasis on advancing the application of fast-evolving artificial intelligence technology in a wide range of industries will inject new momentum into the country's high-quality economic growth and create enormous opportunities for multinational corporations to invest in the country, said government officials and business executives.
KUALA LUMPUR: Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
US economic data are diverging wildly, fuelling a debate over whether rising anxiety from President Donald Trump's trade policies will push a moderating economy into a serious downturn.
