Protecting their IT networks was the key concern for Malaysian businesses in 2024 when it came to cybercrime, according to the latest Kaspersky IT Security Economics report. Some 88% of businesses experienced attempts to infiltrate their network, while over 60% of companies reported incidents where bad actors executed malicious code within their network or attempted […]
The Union Budget 2026 will boost growth over the next few years by increasing domestic demand through tax cuts for households, according to leading credit rating agencies. India’s Finance Minister, Nirmala Sitharaman, presented the Union Budget for 2025-26 on February 1 in Parliament. The Budget introduced significant reforms, including the removal of income tax liability […]
Strengthening China-European Union economic co-operation has become crucial for worldwide economic growth, as the United States’ tariff hikes against key trading partners have cast a shadow over the global economy, senior Chinese trade experts have said. They emphasized that amid growing global trade protectionism, the Chinese and EU’s free trade ethos provide a solid basis […]
Growth in India’s economy is set to slow in 2025, the country’s National Statistics Office (NSO) said in a statement announcing it was lowering its projection to 6.4% from 8.2% growth it predicted in 2023-24. The NSO’s figures are supported by the latest research from the International Monetary Fund (IMF). In the IMF report, managing […]
The Chinese government is looking to explore new opportunities to trade with the UK, following the conclusions of the two countries’ recent trade talks in China. The China-UK Economic and Financial Dialogue held earlier in January were designed to further strengthen collaboration with the United Kingdom and achieve higher level mutual benefits, according to official […]
This year is predicted to be a break-out year for start-up funding in the UAE, which expected to easily outstrip the estimated $2 billion raised by the sector in 2024 – which itself is estimated to have tripled from the previous year’s figure. Experts say that on the back rising investor confidence amidst stability and […]
Malaysia cannot rely on outdated legislation to address the challenges posed by rapid technological developments and must pursue reforms to create greater opportunities for international collaboration, Prime Minister Anwar Ibrahim told delegates at the World Economic Forum (WEF). During a media briefing on ‘Unlocking Asean’s Digital Future: Driving Inclusive Growth and Global Competitiveness’ in Davos, […]
India’s appeal to global investors remains strong, driven by a young and dynamic workforce and the government’s ongoing emphasis on initiatives like ‘Make in India’, government officials told the World Economic Forum (WEF) in Switzerland. Speaking at the ‘FDI in India’ event, Amardeep Singh Bhatia, Secretary of the Department for Promotion of Industry and Internal […]
Artificial intelligence will take technology to new heights, empowering the real economy with industry integration, a leading expert told the 15th China Internet Industry Annual Conference 2025. Wu Hequan, from the Chinese Academy of Engineering, said that “phones, computers and such products will be redefined by AI”, adding that AI will be applied to new […]
The UAE job market has seen a significant surge in demand for both blue-collar and entry-level jobs, although white-collar recruitment continues to decline, according to a report by UAE-based recruitment company Innovations Group. Offering insights workforce trends in the UAE, the study shows that blue-collar jobs have grown by 69% in 2024, primarily due to […]
