MALAYSIA was ranked 32nd in the 2022 International Institute for Management Development world competitiveness ranking (WCR), down seven positions from the 25th spot in 2021 – the lowest position it has held in five years. Read full story
US officials are working to arrange a possible call this summer between President Joe Biden and Chinese President Xi Jinping, according to sources, with tensions high between the world’s two biggest economies. Read full story
FOR R. Daranagama, a 70-year-old rice farmer, the past year ranks among the most difficult of his life. Read full story
JAKARTA: Garuda Indonesia’s proposal for restructuring its more than U$9 billion debt won the approval on Friday from the vast majority of the airline’s creditors, court officials said, staving off the risk of bankruptcy at the embattled flag carrier. Read full story
WASHINGTON: Whether the United States, the world’s largest economy, will slip into a recession is a growing concern for chief executives, the Federal Reserve, and the administration of President Joe Biden. Read full story
KUALA LUMPUR: The 12th Ministerial Conference (MC12) of the World Trade Organization (WTO) in Geneva, Switzerland has resulted in groundbreaking accomplishments in several key areas of the negotiations. Read full story
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is forecast to trade with a downside bias as the market continues to be plagued with expectations of higher output next week. Read full story