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Encouraging Growth for Malaysia’s Manufacturing in CY2019

Online equity broker Rakuten Trade shared its CY2019 outlook for Malaysian stocks and generally the market is expected to be depressed until at least CY20. However, the Manufacturing sector is expected to see a 31.2% growth, as compared to all the other sectors of banking, telco, gaming, energy, consumer, manufacturing and conglomerates that only have […]

Facebook wants to make political ads more transparent ahead of Indian elections

On Dec. 06, Facebook said anyone who wants to run political ads in India will now have to first disclose their name and location, and provide more details about who placed the ad. Beginning early next year, all ads related to politics in India can only be run by authorised advertisers, and they will carry […]

G20 leaders skirt trade tensions, back WTO reform

The leaders of the world’s largest economic powers on Saturday backed an overhaul of the global body that regulates international trade disputes, ahead of high-stakes talks between U.S. President Donald Trump and Chinese President Xi Jinping aimed at defusing a trade war. SOURCE: Reuters (1)

Japan to join the Belt & Road fray

By Charles F. Moreira, Editor An important consequence of the Trump Administration’s trade war against both China as well as Japan is a diplomatic and economic meeting in Beijing in late October 2018 between Japan’s Prime Minister Shinzo Abe and China’s President Xi Jinping. Shortly after his return to Japan, Abe met with India’s Prime […]

China’s foreign trade up 11.1 percent in first 11 months

China’s goods trade rose 11.1 percent year on year to 27.88 trillion yuan (about 4 trillion U.S. dollars) in the first 11 months this year, said the General Administration of Customs (GAC). Exports rose 8.2 percent year on year to 14.92 trillion yuan in the January-November period while imports grew 14.6 percent to 12.96 trillion […]

Fashion e-tailer: Trade war has little impact on us

David Jou, CEO of Thailand based Pomelo Fashion, says its business is growing on the back of the digital retail trend, which will continue in spite of trade tensions and issues in politics.The supply chain is not impacted as they have tapped into the manufacturing that takes place in South East Asia. SOURCE: CNBC   […]

China sees steady expansion in industrial raw material production

China’s raw material industry generated an aggregate profit of 190.04 billion yuan (27.68 billion U.S. dollars) in October, up 18.6 percent from the previous month, continuing the momentum of solid expansion, official data showed. Read the full story at http://www.xinhuanet.com/english/2018-12/08/c_137660059.htm SOURCE: Xinhuanet (2)

Resurgent growth in exports in October 2018

The resurgent growth in exports in October 2018 rose to a historic high of RM96.4 billion and a record trade surplus of RM16.3 billion indicates that Malaysia is on the right track towards the new Pakatan Harapan Federal government’s 3 year fiscal consolidation plan to put Malaysia’s dynamic economy back on track. The key indicators […]

China’s rise in artificial intelligence

China’s vast amount of data is helping advance its artificial intelligence research. CNBC’s Uptin Saiidi speaks to experts VC Kai-Fu Lee, author Thomas Friedman and VC Benjamin Harburg about China’s upcoming ambitions. SOURCE: CNBC (2)

India and Russia to cooperate technically on railway development

Image: Russian train – courtesy New Eastern Outlook By Charles F. Moreira, Editor India’s Ministry of Railways and Russian Railways signed a preliminary agreement to significantly expand cooperation between India’s and Russia’s railway specialists during the Russia – India Business Forum in New Delhi in October 2018, political observer Dmitry Bokarev wrote in New Eastern […]

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