Global Economy Projected To Grow 1.9 Percent In 2023: UN Report

UNITED NATIONS, Jan 26 (NNN-XINHUA) – World output growth is projected to decelerate from an estimated 3.0 percent in 2022, to 1.9 percent in 2023, marking one of the lowest growth rates in recent decades, according to a UN report launched yesterday. The UN World Economic Situation and Prospects 2023…

Thailand’s Central Bank Raised Key Policy Rate As Economy Recovers

BANGKOK, Jan 26 (NNN-TNA) – Thailand’s central bank, yesterday, decided to raise its key policy rate for the fourth consecutive time, by 25 basis points, in an effort to curb high inflation and support economic recovery. The Bank of Thailand monetary policy committee voted unanimously, to raise the policy rate…

Pakistani PM, UAE’s President Discussed Strengthening Bilateral Relations

ISLAMABAD, Jan 26 (NNN-APP) – Pakistani Prime Minister, Shahbaz Sharif, yesterday, discussed ways to further strengthen bilateral relations, in a meeting with Sheikh Mohamed bin Zayed Al Nahyan, president of the United Arab Emirates (UAE). The meeting took place after the president of the UAE arrived in Rahim Yar Khan,…

Australian Renewable Energy Generation Hit All-Time High

CANBERRA, Jan 26 (NNN-AAP) – Record level of energy from renewable sources has driven demand for electricity from Australia’s grid to an all-time low. The Australian Energy Market Operator (AEMO), yesterday released its report on electricity use, for the final quarter of 2022, revealing average wholesale power prices fell more…

Laos Looks To Tourism To Drive Economic Recovery

VIENTIANE, Jan 26 (NNN-KPL) – The Lao government considers tourism as its top priority, in revitalising the economy, and the country is preparing to welcome an influx of foreign visitors in 2023, a senior official said. “We need to improve facilities, so we can accommodate more tourists this year, and…

Malaysia, Brunei Explored Trade, Investment Cooperation

KUALA LUMPUR, Jan 26 (NNN-BERNAMA) – Malaysia seeked to explore trade and investment opportunities, as Prime Minister, Anwar Ibrahim capped off his official visit to Brunei, yesterday. Anwar, who was on a two-day visit to Brunei, also had an audience with Brunei’s Sultan Haji Hassanal Bolkiah, followed by a four-eyed…

PM Anwar hopes 24th Malaysia-Brunei ALC will finalise several matters of mutual interest

From Kamarul Ariffin Md Yassin BANDAR SERI BEGAWAN, Jan 25 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim hoped that the Malaysia Brunei Annual Leaders’ Consultation (ALC) this year will finalise several matters of mutual interest. He said this includes cooperation in the fields of youth and sports, Syariah judiciary, and education,…

Anwar-Sultan Hassanal Bolkiah personal ties will help expedite implementation of Malaysia-Brunei programmes

From Kamarul Ariffin Md Yassin BANDAR SERI BEGAWAN, Jan 25 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim believes that his personal ties with Sultan Hassanal Bolkiah will help expedite the implementation of the various plans and programmes involving Malaysia and Brunei. “When two country leaders have a very strong friendship…and have plans…

Singapore’s core inflation at 5.1 pct in December, averaged 4.1 pct for 2022

SINGAPORE, Jan 25 (NNN-Bernama) — Singapore’s core inflation came in at 5.1 per cent a year-on-year (y-o-y) basis in December, unchanged from November, according to the Monetary Authority of Singapore (MAS) and the republic’s Ministry of Trade and Industry (MTI). “Smaller price increases for retail and other goods and electricity and gas were offset by…

Heavy Snow, Powerful Winds Disrupt Transportation In Japan

TOKYO, Jan 25 (NNN-NHK) – Heavy snow and powerful winds are continuing to affect many parts of Japan today, with the stormy conditions disrupting a number of transportation systems. As wide swathes of the country are in the grip of the coldest seasonal front in a decade, railway operators on…
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