Economic growth remains a big challenge for Germany, German Finance Minister Christian Lindner said on Thursday.

"Growth remains a major challenge," he said. "We have to strengthen growth in Germany, not through government demand programmes that could fuel inflation, but more on the supply side," Lindner said at an event organised by Handelsblatt.

Economic growth remains a big challenge for Germany — finance minister

Sarawak Premier Tan Sri Abang Johari Tun Openg said on Thursday the state is investing more than RM10 billion to make Bintulu a sour gas hub with the development of the Sarawak Integrated Sour Gas Evacuation System (SISGES) in Tanjung Kidurong.

Abang Johari: Sarawak investing over RM10b to develop Bintulu as sour gas hub

At least 10 billionaires, including the likes of Hong Kong’s Pansy Ho and Indonesia’s Sukanto Tanoto, are now investing more than S$6 billion (US$4.4 billion or RM20.57 billion) to build new hotels and expand their operations across the city state.

Forbes: Asia’s billionaires ramping up hotel investments in Singapore

The Malaysian Economic Association (MEA) has urged the Anwar administration to reintroduce the goods and services tax (GST) to pare the budget deficit and boost investor confidence, while expanding government spending to promote strong economic growth going forward.

MEA echoes calls for GST to boost investor confidence amid expansionary govt spending

Shares in UK companies whose fortunes are tied to interest rates soared after data showed a softening in British inflation a day before the Bank of England’s (BOE) latest policy announcement.

UK property and banking stocks boosted by easing inflation

Switzerland's economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country's long-term average as industry struggles with weak demand abroad and a strong Swiss franc.

Swiss expect economic growth 'significantly below average' in 2023 and 2024

British annual consumer price inflation (CPI) unexpectedly fell to 6.7% in August, official data showed on Wednesday, raising questions about how much higher the Bank of England will take interest rates a day before its next policy announcement.

UK inflation unexpectedly falls, raising questions about BOE rates plan

The Islamic financial sector needs to unlock impactful innovations for economic and sustainability transformation as well as double down on value-based finance to deliver more tangible impact, said Bank Negara Malaysia (BNM).

Islamic finance needs to unlock innovations for economic, sustainability transformation, says BNM governor

Malaysia’s export and import figures continued to tumble in August 2023, posting a double-digit decline.

Exports were lower by 18.6% to RM115.16 billion and imports edged down by 21.2% to RM97.85 billion, the Ministry of Investment, Trade and Industry (Miti) said in a statement on Tuesday.

Miti: Exports tumbled in August on sluggish global demand, low commodity prices

The time is not right to reintroduce the goods and services tax (GST) as the global economy is still slow, Deputy Finance Minister II Steven Sim Chee Keong said.

Sim: Not the right time to reintroduce GST as global economy is slow

KUALA LUMPUR (Sept 17): The Ministry of Investment, Trade and Industry (Miti) expects approved investment to record stronger growth in the second half of 2023 (2H2023), on track to hit its annual target, after achieving RM132.6 billion worth of approved investment in the first half of 2023 (1H2023).

Zafrul: Malaysia saw RM132.6 bil approved investment in 1H2023, on track to hit annual target

(Sept 17): A 36-hour rush of global monetary decisions may set the tone for the rest of the year as the world adjusts to a US push to keep interest rates high.


Starting with the Federal Reserve on Wednesday and ending with the Bank of Japan two days later, monetary policy will be determined at key meetings across half of the Group of 20.

World adapts to Fed’s rate order in 36-hour sequence

NANNING (Sept 17): Malaysia remains supportive and commends Asean and China’s efforts to conclude the Asean-China Free Trade Agreement (ACFTA) 3.0 upgrade negotiations by 2024, Prime Minister Datuk Seri Anwar Ibrahim said.

He said the ongoing ACFTA 3.0 upgrade negotiations are pivotal f...

Anwar: Malaysia supportive of Asean, China effort to conclude ACFTA upgrade negotiation by 2024

The Ministry of Investment, Trade and Industry (Miti) has secured a total of RM20 billion in committed investments from Singapore since January 2023, with the latest RM7 billion foreign direct investment (FDI) received from investors via the ministry’s recent investment mission, led by Minister Tengku Datuk Seri Zafrul Abdul Aziz, to the neighbouring country.

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