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Qantas sees domestic traffic bouncing back
SYDNEY: Qantas Airways Ltd said its passenger traffic in Australia has almost completely recovered, highlighting the potential for speedier travel rebounds than previously expected more than a year into the pandemic.
Oil still king for investors in Saudi Arabia
Pipeline deal shows kingdom’s reliance on its mainstay
RBNZ assessing impact of travel resumption
WELLINGTON: New Zealand’s central bank held its official cash rate (OCR) at 0.25% in a widely expected move yesterday, saying it needs to observe the economic impact of new housing market measures and the return of some international tourists.
IMF offers rosier view on Asia, warns of Fed fallout on markets
TOKYO (Reuters) - The International Monetary Fund offered a more upbeat view on Tuesday on Asia's economic outlook than six months ago, but warned a faster-than-expected rise in U.S. interest rates could disrupt markets by triggering capital outflows from the region.
‘Eggcitement’ returning
PETALING JAYA: As eateries re-open for business with the easing of movement restrictions, the poultry industry should see a better year from improved demand for eggs and broilers or chickens raised for meat.
Melaka’s sports tourism sector gets a boost
MELAKA: NCT Group of Companies (NCT Group) has signed up for 2,000 golf memberships with Ayer Keroh Country Club Bhd (AKCCB) to help boost the development of sports tourism in Melaka.
IMF, World Bank begin push for green projects
Washington: The idea of forgiving debt held by poor countries in exchange for “green” investments gained ground this week during the spring meetings of the International Monetary Fund (IMF) and World Bank, with concrete proposals expected in time for a global climate summit this fall.
Game-changer for Melaka
KUALA LUMPUR: The new Melaka Waterfront Economic Zone (M-WEZ) is expected to transform the state’s economic and social landscape.
IMF predicts faster global recovery
BEIJING: The International Monetary Fund (IMF) predicted China’s economy to grow at 8.4% this year, which is 0.3 percentage point stronger than in its January forecast, while global growth is expected to reach 6% in 2021, a higher-than-expected recovery that could face “daunting challenges” ahead.
Genting to proceed with theme park
But group remains cautious on its near-term prospects
