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Gig workers, elderly need better social protection in Budget 2027 - World Bank

KUALA LUMPUR: Strengthening Malaysia's social protection system should remain a key priority in Budget 2027, including improving benefits adequacy, expanding coverage to gig workers and enhancing support for the elderly, according to the World Bank. 

Malaysia's inflation among region's lowest, but upstream cost pressures rising - World Bank

KUALA LUMPUR: Malaysia's inflation is among the lowest in the region, but rising upstream cost pressures could pose an inflation risk later this year, said the World Bank lead economist Apurva Sanghi.

Bahrain GP boosts 4Q services, financial impact key to assessing permanent F1 return - economists

KUALA LUMPUR: The Bahrain Grand Prix in Malaysia provided a boost to tourism and services activity in the fourth quarter (Q4), while its overall financial impact will be important in assessing the economic viability of hosting Formula One (F1) races in Malaysia on a permanent basis, economists said.

Thailand's business confidence, tourism ease pressures

BANGKOK: The Trade Policy and Strategy Office (TPSO) of the Commerce Ministry reports uneven conditions in Thailand's regional economies.

Trump threatens 300% tariffs on South Korea over investment

SEOUL: US President Donald Trump says foreign companies that fail to build factories in the United States could face tariffs of up to 300%, as South Korea faces separate pressure from Washington over how it will carry out its US$350bil US investment commitment.

US, Canadian customer base key to GS25 boom

SEOUL: North Americans have become the fastest-growing foreign customer base at GS25, the South Korean convenience store chain operated by GS Retail, trailing just behind the dominant customer base of people from Greater China.

BNM: Middle East conflict impact manageable

PETALING JAYA: The impact of the Middle East conflict on Malaysia's financial stability has remained manageable despite higher input and logistics costs, supply disruptions and heightened volatility in global financial markets, according to Bank Negara Malaysia (BNM).

Oil palm firms face yield, sustainability issues

PETALING JAYA: As this year's El Nino weather phenomenon becomes more severe, a number of issues ranging from yield to sustainability practices have come under increasing focus for oil palm players.

Banks push innovation as digital shift deepens

HANOI: The banking sector is stepping up digital transformation and modernising its financial infrastructure, but access to funding remains a major obstacle for innovative businesses, particularly startups and technology firms with limited tangible assets and unstable cash flows.

Logistics and banks come together to power F1 Grand Prix

SINGAPORE: Right after last weekend's Bahrain Grand Prix (GP) in Sepang, Malaysia, a fleet of about 200 to 300 trucks will cross the Causeway to Singapore in a race against time.