Tech Rebound May Help Malaysia

Tech Rebound May Help Malaysia

The rebound in demand for tech products could help Malaysia’s trade grow in 2024. However, risks of an economic slowdown in the United States and China could result in uneven demand, according to economists. The Statistics Department yesterday revealed Malaysia’s...
Freight Charges Via Suez Have Spiked

Freight Charges Via Suez Have Spiked

Freight rates from Asia have spiked by 53% in a month depending on the route plus container shipping giants. Moreover, carriers like British Petroleum have halted transit via the Red Sea-Suez Canal route after the attacks, the latest Freightos data says. The...
World Bank Predicts 1% Growth for Myanmar

World Bank Predicts 1% Growth for Myanmar

According to the World Bank, economic growth for Myanmar for the 2023-24 fiscal year will be 1%. Economic conditions have deteriorated in the past six months, even though some recovery was observed in the first half of 2023, the World Bank says. As macroeconomic...