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August 18, 2022

Malaysia

Malaysia’s fourth quarter will be ‘the challenge’ for its economy, says finance minister

CNBC
CNBC – For more and to sign up click here The fourth quarter will be “the challenge” for Malaysia’s economy if global headwinds such as Russia’s war on Ukraine and China’s zero-Covid policy persist, said Finance Minister Zafrul Aziz.  China is Malaysia’s largest trading partner, and disruptions to supply chains......

Nearly half of Singaporeans want to travel to one place – and it’s not Malaysia

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CNBC – For more and to sign up click here Some 49% of Singaporeans say they are considering Japan for their next vacation abroad, according to the market research firm YouGov. Interest may be even higher among young citizens. Some 68% of Singaporeans aged 16 to 24 years old indicated......

U.S. jet that flew Pelosi to Malaysia turns north to Philippines

Reuters
U.S. House of Representatives Speaker Nancy Pelosi and Malaysia’s Parliament Speaker Azhar Azizan Harun pose for photographs during their meeting at Malaysian Houses of Parliament in Kuala Lumpur, Malaysia, August 2, 2022. Malaysian Department of Information/Famer Roheni/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR,......

Homeowners in Singapore could soon feel the pinch from rising mortgage rates

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CNBC – For more and to sign up click here Banks in Singapore raised housing loan rates in June, following the U.S. Federal Reserve’s decision to increase interest rates by 75 basis points in the same month to cool inflation — its most aggressive hike since 1994. Nurphoto | Nurphoto......

Top travel tips: 5 ways to save money on flights and hotels as prices rise

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CNBC – For more and to sign up click here 1. Finding cheaper flights Those who are strategic about saving spend 23% less on flights than those who aren’t, according to a survey of budget travelers by the booking site VacationRenter.  Top strategies include booking with a budget carrier (52%),......

Malaysia Airlines nears deal for Airbus A330neos – sources

Reuters
Malaysia Airlines planes are seen parked at Kuala Lumpur International Airport, amid the coronavirus disease (COVID-19) outbreak in Sepang, Malaysia October 6, 2020. REUTERS/Lim Huey Teng Register now for FREE unlimited access to Reuters.com Register FARNBOROUGH, England, July 20 (Reuters) – Malaysia Airlines is nearing a deal for Airbus SE......

Raising interest rates is the wrong solution to the inflation problem, analyst says

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CNBC – For more and to sign up click here Raising interest rates to tame demand — and therefore inflation — is not the right solution, as high prices have been driven mainly by supply chain shocks, one analyst said.  Global manufacturers and suppliers have been unable to produce and......

Malaysia central bank to hike rates again in July and September- Reuters Poll

Reuters
A man walks past the entrance of Central Bank of Malaysia (Bank Negara Malaysia) in Kuala Lumpur, Malaysia, July 31, 2019. REUTERS/Lim Huey Teng Register now for FREE unlimited access to Reuters.com Register All economists expect BNM to raise rates to 2.25% Decision due at 0700 GMT on Wednesday, July......

Singapore imports more than 90% of its food. Here’s how it’s dealing with rising food inflation

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CNBC – For more and to sign up click here A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and regions. Lauryn Ishak| Bloomberg | Getty Images Singapore is known......

Returning to the office can be costly. Here are 3 ways to beat rising costs

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CNBC – For more and to sign up click here According to a new survey by Cisco, 75% of respondents said they save money on food and entertainment through hybrid work schedules. D3sign | Moment | Getty Images Hybrid work arrangements are popular these days for many reasons — and......

Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports

Reuters
A worker pushes a wheelbarrow of fresh fruit bunches of oil palm tree during harvest at a palm oil plantation in Kuala Selangor, Selangor, Malaysia April 26, 2022. REUTERS/Hasnoor Hussain Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, May 22 (Reuters) – Indonesia’s resumption of palm oil......

3 ways hiring this ‘under-tapped pool’ of talent can benefit Asia’s workforce

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CNBC – For more and to sign up click here Businesses around the world have been facing labor shortages as many people quit their jobs — and Asia is no exception. A 2021 Mercer survey found that employers from Malaysia, Indonesia, the Philippines and Thailand observed a higher turnover rate,......

British, French divers rescued in Malaysia after more than two days at sea

Reuters
MERSING, Malaysia, April 9 (Reuters) – A French woman and British man who disappeared while diving off the coast of Malaysia were found safe on Saturday, drifting at sea two and a half days after they went missing, police said. Four people went missing on Wednesday at around noon on......

There are big shake-ups in the latest list of Asia’s 100 ‘best’ restaurants

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CNBC – For more and to sign up click here Hong Kong is the top destination in Asia for foodies this year, according to new rankings released by the 50 Best organization. The city is home to 16 of the region’s “best” 100 restaurants, as shown in the list, released......

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