News

AMID a rising interest rate environment, the Monetary Authority of Singapore (MAS) has tightened its monetary policy setting recently by re-centring the Singapore dollar nominal effective exchange rate (S$NEER) band to the predominant level and increasing the appreciation rate of the policy band. However, there is no change on the width of the policy band. […]

BEIJING: Chinese authorities have urged commercial lenders to lower their deposit rates in the government’s latest effort to shore up the world’s second-largest economy, according to sources. Read full story

WITH the country finally transitioning into endemicity, the Malaysian property market is expected to regain its momentum this year. Read full story

CHINA’S home prices fell at a slower pace in March after authorities took further steps to prevent a worsening of a prolonged downturn in the real estate industry. Read full story

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The hospitality sector has been in the doldrums for the past two years but with the reopening of borders, nearly half of the respondents in a survey say the disruption will likely end this year. Read full story

FEDERAL Reserve (Fed) officials are reinforcing expectations they’ll raise interest rates by a half percentage-point next month, accelerating a hawkish pivot to curb the hottest inflation in four decades. Read full story

KUALA LUMPUR: The Rubber Industry Smallholders Development Authority (Risda) will launch an online application known as the “Sistem Smallholders Rubber Market (e-SRM)” to boost productivity among smallholders. Read full story

SME Bank Malaysia Bhd is geared up to lift the small and medium enterprises (SMEs) to the next level in terms of financing with the nation moving into the endemic phase. Read full story

KUALA LUMPUR: Yili Group recently took the lead in China’s food industry to launch its plan for a net-zero carbon future and roadmap to a net-zero carbon future. Read full story