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recession

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Malaysia poised to withstand US recession - Tengku Zafrul

Malaysia poised to withstand US recession - Tengku Zafrul

Despite rising unemployment in the US, Tengku Datuk Seri Zafrul Abdul Aziz highlights several positive domestic economic indicators.
Mon Aug 12 2024
China to help cushion recession impact on Malaysia's economy

China to help cushion recession impact on Malaysia's economy

A strong Malaysia-China economic relationship is expected to help the country face and overcome the adverse effects of a US recession.
Thu Aug 08 2024
Consider This: Economic Sentiment - Growth or Gloom?

Consider This: Economic Sentiment - Growth or Gloom?

A recent survey by market research agency, Ipsos, revealed that two-thirds (68%) of Malaysians believe the economy is in a recession, despite official reports of 3.7% economic growth last year. Why is there such a stark contrast between consumer sentiment and economic data? And how do we reconcile the lived experiences of Malaysians with these seemingly positive economic indicators? Tonight on #ConsiderThis Melisa Idris speaks to Professor Dr Ong Kian Ming, Pro Vice-Chancellor of External Engagement for Taylor's University, and Ibrahim ‘Ben’ Suffian, Co-founder & Programmes Director of Merdeka Center for Opinion Research.
Mon Jul 01 2024
UK economy performs worse than initial estimates in last two quarters

UK economy performs worse than initial estimates in last two quarters

The UK economy shrank between July and September, raising the risk of the country dipping into a recession, according to revised official figures.
Fri Dec 22 2023
Malaysia not going into recession, growth set to continue in 2023 - BNM governor

Malaysia not going into recession, growth set to continue in 2023 - BNM governor

Nor Shamsiah said Malaysia is unlikely to go into a recession this year as sustained domestic demand and spending are set to continue anchoring growth.
Fri Feb 10 2023
Malaysia confident of positive growth and avoiding recession in 2023 despite global headwinds - Tengku Zafrul

Malaysia confident of positive growth and avoiding recession in 2023 despite global headwinds - Tengku Zafrul

Malaysia is confident of achieving positive growth and avoid a recession this year despite having to navigate through global headwinds.
Sun Feb 05 2023
Musk outlines Tesla's recession playbook: Claw back costs

Musk outlines Tesla's recession playbook: Claw back costs

Musk and other executives outlined plans to reshape the electric vehicle maker's cost base after slashing prices up to 20 pct.
Thu Jan 26 2023
2023 outlook and investment opportunities

2023 outlook and investment opportunities

Despite fears of a global recession, Patrick Chang, Chief Investment Officer Equities of Principal Southeast Asia, remains optimistic of 2023's outlook.
Tue Jan 17 2023
IATA's Geneva gathering to chart airline industry's future

IATA's Geneva gathering to chart airline industry's future

While the lifting of travel restrictions has brought relief to the aviation industry, airlines continue to see threats from inflation, the risk of recession, and foreign exchange volatility.
Mon Dec 05 2022
Malaysia not expecting recession in 2023 - BNM Governor

Malaysia not expecting recession in 2023 - BNM Governor

Nor Shamsiah said Malaysia has started to see signs of demand-driven inflation amid a high deposit environment.
Fri Nov 11 2022
Malaysia unlikely to go into recession due to economic diversification

Malaysia unlikely to go into recession due to economic diversification

Malaysia is not likely to slip into a recession due to the diversified structure of its economy which is less dependent on commodities, aside from its pragmatic and responsive policies.
Wed Sep 14 2022
[COLUMNIST] Symptoms of recession or possibly stagflation?

[COLUMNIST] Symptoms of recession or possibly stagflation?

It's still way too early to tell whether M'sia remains consistently on a positive economic trajectory for Q3 & Q4 2022 as well as next year.
Tue Sep 06 2022
Liz Truss vows tax cuts after winning vote to be next British PM

Liz Truss vows tax cuts after winning vote to be next British PM

Truss takes over as the country faces a cost of living crisis, industrial unrest, a recession and war in Europe, where Britain has been a leading backer of Ukraine.
Mon Sep 05 2022
As global economic growth slows, will Malaysia head for a recession?

As global economic growth slows, will Malaysia head for a recession?

Supply chain disruptions, rising inflation as well as the conflict between Russia and Ukraine have raised concerns over the gloomy global economic outlook.
Thu Aug 11 2022
UK PM hopefuls Sunak and Truss clash over recession warning in debate

UK PM hopefuls Sunak and Truss clash over recession warning in debate

Truss is up against Sunak to win the votes of 200,000 members of the Conservative Party who will choose Britain's next PM by Sept. 5.
Fri Aug 05 2022
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024
Abidin takes oath of office as Sungai Bakap assemblyman

Abidin takes oath of office as Sungai Bakap assemblyman

The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
Fri Nov 22 2024
UPNM cadet officer charged with injuring junior, stomping on him with spike boots

UPNM cadet officer charged with injuring junior, stomping on him with spike boots

A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
Fri Nov 22 2024
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Fri Nov 22 2024
Elon Musk blasts Australia's planned ban on social media for children

Elon Musk blasts Australia's planned ban on social media for children

Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.
Fri Nov 22 2024
Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Bondi was the top law enforcement officer of the country's third most populous state from 2011 to 2019, and served on Trump's Opioid and Drug Abuse Commission during his first administration.
Fri Nov 22 2024
Ringgit extends uptrend against greenback in early trade

Ringgit extends uptrend against greenback in early trade

At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Lebanon's only burn unit treats toddlers after Israeli strikes

Lebanon's only burn unit treats toddlers after Israeli strikes

The hospital hallways echo with the screams of children as anxious parents await news from doctors.
Fri Nov 22 2024