Malaysia’s GDP grows 5.3% in Q3 2024 Posted on 15/11/2024 Bank Negara Malaysia said the growth in the third quarter was driven by stronger household spending, positive labour market conditions and government policy support. KUALA LUMPUR: Malaysia’s economy grew 5.3% in the third quarter of this year (Q3 2024) thanks to robust investment activities and a continued rise in exports. Bank Negara Malaysia also attributed the growth to expansion in household spending, as well as favourable labour market conditions and government policy support. The figure is as expected by the statistics department’s advanced estimate of 5.3% released in October. In the third quarter of 2023, the country registered a rate of 3.3%. MORE TO COME News
Floods worsen: Sharp spike in number of victims in Kelantan, Terengganu, Perlis and Kedah; Perak and Johor unchanged Posted on 28/11/2024 KUALA LUMPUR, Nov 28 –– The number of flood victims, especially in the East Coast states of Kelantan and Terengganu, rose sharply this morning. In Kelantan, the number of flood victims has surged to 29,023 compared to 21,568 who were housed in temporary relief centres (PPS) as of 8pm last… Read More
Extreme weather threatens Canada’s hydropower future Posted on 26/11/2024 Canada imported energy from the US for three months this year, a first in eight years, due to hydropower shortages. (Electrek pic) OTTAWA: Hydropower production in Canada is plummeting as extreme weather linked to climate change, particularly sudden swings between drought and flood, hampers output while threatening the structure of… Read More
Inter beat Parma to close in on Serie A leaders Napoli Posted on 07/12/2024 Inter Milan’s Federico Dimarco (left) scores the opening goal against Parma at the San Siro stadium. (AP pic) MILAN: Inter Milan moved a point behind Serie A leaders Napoli on Friday after seeing off Parma 3-1 at the San Siro ahead of a key Champions League clash at Bayer Leverkusen…. Read More