News: Mcnews

Malaysia is seeking Turkey’s cooperation in hurrying up the ratification of a recently inked free trade pact between the two moderate Muslim-economies. The process is to be tabled in the Turkish parliament this month, as it requires parliamentary approval, says… Read More

Turkey’s exports were up 5.8 percent in May when compared to the same month in 2013 reaching $13.4 billion, Turkey’s Exporters Assembly (TIM) announced on Sunday. “The export figures in May broke a historic record,” said Chairman of Turkey’s Exporters… Read More

SEDA INSUFFICIENT: 1MDB, TNB mulling over creation of Malaysia’s largest plant in Kedah, say sources 1MALAYSIA Development Bhd (1MDB) and Tenaga Nasional Bhd (TNB) are in talks to jointly develop the country’s largest solar power plant, sources said.They said 1MDB… Read More

Malaysia’s ranking improved three notches to 12th, among 60 countries, in the World Competitiveness Yearbook 2014, its best performance in four years, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.The jump is a testimony of growing confidence in… Read More

In the lead up to the 2013 Borlaug Dialogue, the Skoll World Forum is featuring several keynote speakers writing at the nexus of three subjects central to the global challenges we face in the 21st century: biotechnology, sustainability, and climate… Read More

Jakarta, New York and London remain the world’s most global cities, while select emerging-market cities led by Jakarta, Manila and Addis Ababa strengthened their ability to challenge global leaders in the next 10 to 20 years, according to this year’s… Read More

The fourth quarter of 2013 brought welcome signs that Indonesia’s economy is rebalancing in response to previous monetary policy and exchange rate adjustments, which is positive for macroeconomic stability. The overall economic growth rate was broadly unchanged, at 5.7 percent… Read More

Bangladesh has come a long way since the early 1970s, when attaining food security was a distant dream. Now, the country is able to feed its own population. Pockets of extreme poverty still persist though, especially in areas with unfavorable… Read More

The economic outlook of Egypt for the rest of 2014 remains a challenge. Egypt continues to implement expansionary macroeconomic policies with the help of aid from the Gulf countries. The GDP contributions of agriculture, manufacturing and extractive industries remained around… Read More

Growth is expected to increase from 6.4 percent in 2013 to 7.3 percent in 2014, driven partly by a rebound in oil production and supported by positive effects of reforms in power and higher agriculture production. Inflation should continue to… Read More