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ECONOMY

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  • ECONOMY

China Economy Gains Early 2026 Boost as Retail Sales, Industrial Output Beat Forecasts

El Sky Media1 month ago1 month ago04 mins

BEIJING, March 16, 2026 — China’s economy recorded a stronger-than-expected start to 2026, with key indicators such as retail sales…

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  • ECONOMY

FMM Warns Rising Freight, Fuel Costs from West Asia Tensions May Hit Malaysian Prices

El Sky Media1 month ago1 month ago05 mins

KUALA LUMPUR, March 17, 2026 — The Federation of Malaysian Manufacturers (FMM) has raised concerns that escalating geopolitical tensions in…

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  • BUSINESS
  • ECONOMY

Hartanah Kenyalang’s 1Q26 Net Profit Drops 64% Despite Positive Sarawak Infrastructure Outlook

El Sky Media1 month ago1 month ago04 mins

KUALA LUMPUR, March 17, 2026 — Hartanah Kenyalang Bhd recorded a significant drop in net profit and revenue for the…

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  • ECONOMY

The Malaysian ringgit rallies to its strongest level in weeks, supported by improved global sentiment, oil market developments, and a weaker US dollar

El Sky Media1 month ago1 month ago04 mins

KUALA LUMPUR, March 17, 2026 — The Malaysian ringgit surged to RM3.9195 per US dollar today, reflecting growing investor confidence…

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  • ECONOMY

Gold Falls Below US$5,000 Per Troy Ounce for First Time Since Late February Amid Market Uncertainty

El Sky Media1 month ago1 month ago04 mins

MOSCOW — Global gold prices retreated on Monday, slipping below US$5,000 per troy ounce for the first time since late…

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  • ECONOMY

Oil Shock Hits Fragile Economy Amid Rising Tensions

El Sky Media1 month ago1 month ago01 mins

Kuala Lumpur — The U.S. economy is under pressure as global oil prices surge, affecting inflation and slowing growth, according…

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  • ECONOMY

Malaysian Palm Oil Prices Rise for Second Session, Reach RM4,582 Per Tonne

El Sky Media1 month ago1 month ago05 mins

KUALA LUMPUR — Malaysian palm oil futures climbed for a second consecutive trading session, with prices reaching RM4,582 per tonne,…

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  • ECONOMY

Ringgit Edges Up Against Regional Currencies but Slips Versus US Dollar Amid Rising Middle East Tensions

El Sky Media1 month ago1 month ago03 mins

KUALA LUMPUR — The Malaysian ringgit closed higher against several regional currencies on Friday but slipped slightly against the US…

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  • ECONOMY

Malaysia Makes Dairy History with First Bulk Fresh Milk Export to Singapore

El Sky Media1 month ago1 month ago04 mins

SEREMBAN, March 13 — Malaysia has achieved a significant milestone in its agricultural and dairy sector after successfully exporting locally…

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  • ECONOMY

Meta Plans Major Layoffs as Mark Zuckerberg Pushes Ambitious AI ‘Superintelligence’ Vision

El Sky Media1 month ago1 month ago05 mins

SAN FRANCISCO, March 14 — Meta Platforms is reportedly planning sweeping layoffs as the company restructures its workforce to support…

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