Asia
Announcement comes after commitment of $6.94 billion in investment in AI by 2027
Decline in manufacturing and services activity raises recovery concerns
Goods trade deficit decreased to $22.94 million, down from the previous year's $113.83 million
This was primarily attributed to increased expenditures aimed at strengthening the ongoing economic recovery
In April alone, 20 new FDI projects in Hanoi attracted $103.9 million
Recent power blackouts and fuel shortages during the 2022 economic crisis underscore the importance of diversifying the energy mix
Saudi-Malaysian Business Council launched
The cofinancing will support projects that include climate change, transportation, energy, agriculture, ICT
Egypt to implement incentive packages to attract investments in the industrial sector
In April, SCZONE laid the foundation stone of the Xinxing Ductile Iron Pipes Corporation’s factory
The sector served over 6.2 million foreign visitors and 40.5 million domestic tourists in the same period
Exports see 6.7 percent growth on increased external demand
South Korea's trade surplus increased to $4.28 billion in March
China's manufacturing sector ramped up production levels at the swiftest pace since May 2023
Japan sees notable 9.6 percent rise in motor vehicle production in March
Collaboration to power up green data centers in Malaysia's industrial parks
Mega events to propel Hong Kong's economy and tourism sector
Higher mortgage rates, an outflow of talent and a weak market outlook impact property sales
Recent attempts by Japanese authorities to intervene in currency markets have been ineffective
DMCC is home to 83 Japanese companies, constituting over 24 percent of Japanese firms in the country
The country achieved its most rapid economic growth in more than two years
Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones
3.03 million new urban employment opportunities reflect China's improving economic landscape
