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Part I: High quality growth to sustain global leadership
A brisk U.S. economic recovery and stalled factory production in other countries hit by coronavirus have propped up demand for goods made in China
(Bloomberg) -- Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting the world economy’s capacity to move goods across oceans.
The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 53.9 in April from 49.9 in March, indicating a solid improvement in the health of the manufacturing sector.
THE US Federal Reserve (Fed) has signalled it would tolerate faster inflation for a time to cement the post-pandemic recovery and boost employment, but the side effect is likely to be a faster rise in commodity prices.
Record-high profitability due to current pandemic
TAIPEI: Taiwan Economy Minister Wang Mei-hua has played down the prospect of Taiwan tech firms making advanced semiconductors in the European Union (EU), noting that industry leader Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has insisted it will focus its most advanced technology on the island
PETALING JAYA: Local companies, especially small and medium enterprises (SMEs), have quickly adapted to technology adoption as a strategy to combat Covid-19 since its onset early last year, but further investments must be channelled into the right priorities to achieve the desired outcomes.