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Argentina's World Cup victory - Simply a momentary joy

Argentina's World Cup victory - Simply a momentary joy

The difficult economic situation in Argentina contributed to a new era where the military actively intervened in its administration.
Sun Dec 25 2022
Malaysia not heading towards any economic crisis, says Tengku Zafrul

Malaysia not heading towards any economic crisis, says Tengku Zafrul

The Finance Ministry has stressed that Malaysia is neither facing nor heading towards any economic or financial crisis.
Tue Oct 04 2022
Sri Lanka rushes to find fuel as shortages hit schools, workers

Sri Lanka rushes to find fuel as shortages hit schools, workers

A financial crisis that has left currency reserves perilously low, making imports of essential goods including food, increasingly difficult.
Wed Jun 29 2022
Sri Lanka left with fuel stocks for around five days, minister says

Sri Lanka left with fuel stocks for around five days, minister says

The country of 22 million people is caught in its worst financial crisis in seven decades after its foreign exchange reserves dwindled.
Fri Jun 17 2022
Indonesia takes over land controlled by Suharto son's firm

Indonesia takes over land controlled by Suharto son's firm

The move was part of wider efforts to recoup $7.7 billion of unpaid loans given as bank bailouts during the 1997-1998 financial crisis.
Fri Nov 05 2021
Reconfiguring FDI under the new administration

Reconfiguring FDI under the new administration

This means that one of the critical tasks facing the new administration is to revive and increase FDI inflows.
Thu Sep 02 2021
School's out for good? Lebanese teachers flee as financial crisis builds

School's out for good? Lebanese teachers flee as financial crisis builds

Lebanon's educational sector was once ranked tenth globally by WEF's Global Competitiveness Report.
Thu Jul 08 2021
Malaysia's central bank keeps key rate steady as virus cases surge

Malaysia's central bank keeps key rate steady as virus cases surge

BNM expects the economy to rebound by 6 pct to 7.5 pct this year, on improving export demand and a pick up in investment and production.
Thu May 06 2021
For GameStop day traders, the moment they've dreamed about

For GameStop day traders, the moment they've dreamed about

They've endured a financial crisis. Two deep recessions. Mounds of student debt. Stagnant pay. Costly health care. Dim job prospects.
Sun Jan 31 2021
Year-end ode: 4IR is the post-COVID-19 hero

Year-end ode: 4IR is the post-COVID-19 hero

Anyone paying attention knows that Neo Liberalism has only resulted in the super rich getting even richer. It didnt take Covid19 to realize this; 2008s Global Financial Crisis showed us this.
Thu Dec 31 2020
APEC to ensure smooth cross-border movement of essential goods - Muhyiddin

APEC to ensure smooth cross-border movement of essential goods - Muhyiddin

APEC's immediate priority is to ensure readiness of health and medical care institutions to provide critical treatment as well as to manage public health policies to contain the spread of COVID-19.
Sat Nov 21 2020
Fiscal deficit reduction - is there a magic number?

Fiscal deficit reduction - is there a magic number?

Fiscal consolidation will be very difficult to achieve if a bleak and gloomy economic outlook is to be on-going and persist.
Tue Nov 03 2020
Coronavirus jolts Malaysia's economy into first contraction since global financial crisis

Coronavirus jolts Malaysia's economy into first contraction since global financial crisis

Malaysia's worst economic slump since the Asian financial crisis in 1998, a sharp decline from the 0.7% growth of the first quarter.
Fri Aug 14 2020
Proposed economy recovery plan needs to aid micro, small businesses

Proposed economy recovery plan needs to aid micro, small businesses

SMEs accounted for 70 per cent of the country's 98.5 per cent of small and medium enterprises, and they were mainly involved in the services sector.
Fri Jun 05 2020
Hit by a crisis like no other, global growth to contract by 3 pct in 2020 - IMF

Hit by a crisis like no other, global growth to contract by 3 pct in 2020 - IMF

Real gross domestic product growth (GDP) is now projected at -3.0 per cent in 2020, a recession much worse than the 0.1 per cent contraction during the 2009 global financial crisis.
Wed Apr 15 2020
Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".
Tue Nov 26 2024
PM meets chaebol tycoon to attract more FDI to Malaysia

PM meets chaebol tycoon to attract more FDI to Malaysia

Chaebols are prominent figures from South Korea's family-owned conglomerates.
Tue Nov 26 2024
Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Tue Nov 26 2024
Ringgit opens lower as greenback gains ground

Ringgit opens lower as greenback gains ground

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Tue Nov 26 2024
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
Tue Nov 26 2024
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

Here are the resolution's main terms, and a note about subsequent violations and tensions.
Tue Nov 26 2024
Record aid worker deaths in 2024 in 'era of impunity', UN says

Record aid worker deaths in 2024 in 'era of impunity', UN says

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Tue Nov 26 2024
Why India's toxic farm fire counting method is disputed

Why India's toxic farm fire counting method is disputed

Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.
Tue Nov 26 2024
Divisions on curbing plastic waste persist as UN treaty talks begin

Divisions on curbing plastic waste persist as UN treaty talks begin

South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.
Tue Nov 26 2024
Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

The Transport Ministry will review a proposal requiring senior citizens aged 65 and above to undergo competency and health assessments before renewing their Malaysian Driving Licence.
Mon Nov 25 2024