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ANALYSIS - Spurred by shared grievances, BRICS gathers pace

ANALYSIS - Spurred by shared grievances, BRICS gathers pace

The BRICS club of emerging economies may be a long way from rivalling the IMF or challenging US dollar dominance.
Sat Oct 26 2024
IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

The IMF releases new economic forecasts showing that global GDP growth will decline slightly by 20.9 to 3.1 pct from 3.2 pct this year.
Fri Oct 25 2024
Key insights from 1st day of WEF special meeting in Saudi capital

Key insights from 1st day of WEF special meeting in Saudi capital

Kristalina Georgieva stressed three economic priorities on inflation, fiscal buffers, and geopolitical fragmentation.
Mon Apr 29 2024
[OPINION] We need to restart the economic growth engine - but this time, it must work for all

[OPINION] We need to restart the economic growth engine - but this time, it must work for all

We are living through arguably one of the most complicated, unpredictable geopolitical and geoeconomic environments in decades.
Mon Apr 29 2024
Amir Hamzah leads Malaysian delegation to IMF, WBG spring meetings

Amir Hamzah leads Malaysian delegation to IMF, WBG spring meetings

MoF said the meetings provide a platform to discuss bilateral and multilateral issues between Malaysia, WBG, IMF and other member countries.
Thu Apr 18 2024
Pakistan's Shehbaz Sharif takes oath as prime minister, directs team to talk with IMF

Pakistan's Shehbaz Sharif takes oath as prime minister, directs team to talk with IMF

Shehbaz Sharif officially becomes prime minister for a second time.
Tue Mar 05 2024
Malaysia's real GDP to rise 4.3 pct in 2024 on higher global export demand

Malaysia's real GDP to rise 4.3 pct in 2024 on higher global export demand

According to IMF, this would mainly be driven by higher global export demand, particularly from the technology sector.
Wed Oct 18 2023
[COLUMNIST] BRICS: Game changer?

[COLUMNIST] BRICS: Game changer?

With the accession of the six new members, -BRICS Pluss- share of the global population will be at 45% (3.7 billion) and its share of the worlds territory at 30%
Tue Sep 19 2023
Sri Lanka parliament passes anti-corruption bill without vote - speaker

Sri Lanka parliament passes anti-corruption bill without vote - speaker

The legislation was passed without a vote in the 225-member parliament as part of requirements linked to a $2.9 billion bailout from IMF.
Wed Jul 19 2023
[COLUMNIST] De-dollarisation: Elbowing USD in a multipolar world

[COLUMNIST] De-dollarisation: Elbowing USD in a multipolar world

Throughout history, the US has often attempted to resolve its economic issues through military interventions across the globe.
Wed Jun 14 2023
Malaysia urged to develop revenue strategy to boost low taxes - IMF

Malaysia urged to develop revenue strategy to boost low taxes - IMF

The IMF said the 2023 Budget lacks specific medium-term revenue-enhancing measures and a timeline for the medium-term revenue strategy.
Fri Jun 02 2023
World yet to find currency to replace or even compete with Dollar - US Investor

World yet to find currency to replace or even compete with Dollar - US Investor

Countries are making efforts to move away from the US dollar, but have yet to find a currency that could substitute or at least compete with it, renowned American investor Jim Rogers told Sputnik.
Wed May 17 2023
Sri Lanka flags return to growth, protesters demand tax cuts

Sri Lanka flags return to growth, protesters demand tax cuts

Doctors and university teachers working at state-run hospitals and universities started a 24-hour strike, warning of longer strikes.
Thu Feb 09 2023
BNM's international reserves widen to US$110.3 bil as at Dec 15, 2022

BNM's international reserves widen to US$110.3 bil as at Dec 15, 2022

BNM said the reserves position is sufficient to finance 5.3 months of imports of goods and services.
Thu Dec 22 2022
BNM's international reserves at US$109.7 bln as at Nov 30

BNM's international reserves at US$109.7 bln as at Nov 30

In a statement today, the central bank said the reserves position is 1.0 time the total short-term external debt.
Wed Dec 07 2022
Desperate for cash, Gazans sell clothes plucked from rubble

Desperate for cash, Gazans sell clothes plucked from rubble

Widespread shortages and months of grinding war have generated a trade in old clothing, mostly salvaged from homes of people who have died.
Sun Nov 24 2024
Chile's 'seed guardians' grow and protect forgotten food varieties

Chile's 'seed guardians' grow and protect forgotten food varieties

The guardians collect, trade and plant hundreds of seeds to preserve forgotten varieties of tomatoes, corn and other vegetables.
Sun Nov 24 2024
Saying 'no' to mobile phone use while driving

Saying 'no' to mobile phone use while driving

Mobile phones have become indispensable, yet their impact on road safety remains insufficiently examined.
Sun Nov 24 2024
How ASEAN's cybersecurity push could protect people and economies

How ASEAN's cybersecurity push could protect people and economies

ASEAN is stepping up to create a more secure regional cyberspace.
Sun Nov 24 2024
How lab-grown meat can feed our need for protein

How lab-grown meat can feed our need for protein

Putting meat on people's plates is a significant contributor to global warming.
Sun Nov 24 2024
Developing nations blast $300 billion COP29 climate deal as insufficient

Developing nations blast $300 billion COP29 climate deal as insufficient

Some delegates gave the deal a standing ovation in the COP29 plenary hall. Others lambasted wealthy nations for not doing more.
Sun Nov 24 2024
Johor's four-and-a-half-day work week depends on state govt's rationale - Azalina

Johor's four-and-a-half-day work week depends on state govt's rationale - Azalina

She said the state government must have valid reasons for the proposal but declined to elaborate further.
Sun Nov 24 2024
Gunman shot dead, 3 police injured in shooting near Israeli embassy in Jordan

Gunman shot dead, 3 police injured in shooting near Israeli embassy in Jordan

The kingdom has witnessed some of the biggest peaceful rallies across the region as anti-Israel sentiment runs high over the war in Gaza.
Sun Nov 24 2024
23 killed, 45 injured in fresh Israeli airstrikes on eastern Lebanon

23 killed, 45 injured in fresh Israeli airstrikes on eastern Lebanon

Over 3,600 people have been killed by Israeli attacks in Lebanon so far.
Sun Nov 24 2024
Is climate change making tropical storms more frequent? Scientists say it's unclear

Is climate change making tropical storms more frequent? Scientists say it's unclear

Scientists say it remains unclear how much climate change is reshaping the storm season.
Sat Nov 23 2024