Economy News

Economy

ECB's Chief Economist Philip Lane Foresees Further Monetary Easing Amid Economic Recovery

European Central Bank Chief Economist Philip Lane anticipates additional monetary easing to support the European economy's recovery from the coronavirus pandemic, with consumption ...

Economy

Manufacturing Sector Faces Challenges: A Cloudy Forecast for Q1 Amid Economic Uncertainties

The manufacturing sector anticipates a tough Q1 with declining sales, influenced by economic uncertainties and domestic instability. Retail sales have plummeted, marking the steepe...

Economy

South Korea's FKI Demands Swift Tax Reform to Revive Economy and Enhance Global Competitiveness

South Korea's FKI calls for urgent tax reforms to address the economic downturn, support small businesses, and boost high-tech industries. Legislative delays are causing uncertaint...

Economy

China's Trade Surplus Soars to $104.84 Billion in December, Exceeding Expectations

China's trade surplus rose to $104.84 billion in December, exceeding expectations with a 10.7% increase in exports and a 1% rise in imports compared to the previous year, as report...

Economy

South Korea's Export Growth in Early January: A Semiconductor Surge Leads the Way

South Korea's export volume increased by 3.8% in early January, driven by a significant surge in semiconductor exports. While some sectors like passenger cars and steel products sa...

Economy

Vietnam's Durian Import Surge: A $11.8M Investment in Exotic Flavors

Vietnam has significantly increased its durian imports, spending $11.8 million, with a focus on Thai and Malaysian varieties. Despite challenges in cultivation, the country's duria...

Economy

Malaysia Empowers Education: $33 School Aid for Every Student

Malaysia introduces a one-off payment of MYR150 (US$33) to each student from Year 1 to Form 6, benefiting over 5.2 million individuals. This initiative aims to ease the financial b...

Economy

Top Recruitment Demands in 2025: Sales Leads, IT Skills in High Demand

In 2025, the sales and IT sectors lead in recruitment demand, with businesses seeking experienced professionals. However, challenges in recruitment and a gap between employee and e...