Chief statistician Uzir Mahidin said the low unemployment rate was driven by the strong economic growth PETALING JAYA, Malaysia (MNTV) – The unemployment rate in Malaysia stands at 3.1%, the lowest in nearly 10 years. The government claims that as per statistics last December’s unemployment rate was the lowest since May 2015 (3.1%). The 544,...
Annaba Innovation Center spearheads initiative to attract private funding and strengthen the country’s tech-driven economy ALGIERS, Algeria (MNTV) – Algeria has launched a new investment network aimed at financing start-ups and fostering innovation, as part of its broader efforts to develop a knowledge-based economy and strengthen its position...
ISTANBUL (AA) – China on Friday said it regretted Panama’s exit from the Belt and Road Initiative (BRI) and slammed the US for “coercive” tactics. Beijing “strongly opposes US’ coercive pressure tactics aimed at smearing and undermining the cooperation under BRI framework and regrets Panama’s decision not to renew the BRI Mem...
New law aligns with global standards, improves job security, and protects informal workers, marking a major step in Somalia’s economic reform efforts MOGADISHU, Somalia (MNTV) — Somalia has ushered in a new era of labour reform with President Hassan Sheikh Mohamud signing a historic Labour Code, the first major update to the country’s employme...
President Donald Trump has banned the development of a digital dollar, pushing the U.S. further behind in the global digital currency race. Trump’s executive order, which was signed on January 23, prohibits U.S. institutions from issuing or using central bank digital currencies or CBDCs. The order argues that a digital dollar could threa...
ISLAMABAD (AA) – Pakistan and Saudi Arabia have signed an agreement to defer a $1.2 billion payment on oil imports by one year, according to an official statement. The deal was signed on Monday at the Prime Minister’s Office in Islamabad by Pakistan’s secretary of economic affairs, Kazim Niaz, and Saudi Fund for Development chief [...
In a tit-for-tat move, China on Tuesday imposed additional tariffs on some U.S. products. The latest development comes after President Donald Trump imposed a 10% tariff on imports from China. According to China’s Ministry of Commerce and General Administration of Customs, Beijing imposed more tariffs on certain imported goods originating...
ISTANBUL (AA) – French President Emmanuel Macron has said that Europe must be prepared to defend itself against potential trade challenges, stressing that the bloc must react decisively if targeted by economic measures. “If we were attacked on commercial subjects, Europe, as a power that stands, will have to make itself respected a...
ANKARA (AA) – The Treasury Department has granted Elon Musk and members of his Department of Government Efficiency (DOGE) team access to the federal payment system, which manages trillions of dollars in government expenditures, press reports say. This system, essentially the federal government’s checkbook, holds sensitive financial data ...
The U.S. has agreed to pause tariffs on Mexico for a month after talks between President Claudia Sheinbaum and President Donald Trump. Sheinbaum said Mexico will deploy 10,000 National Guard troops to the border to curb drug trafficking. The move follows Trump’s decision to impose 25% tariffs on Mexican products. Sheinbaum threatened retaliat...
