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China's traditional Lantern Festival to extend holiday spending fever, set to lift quarterly economic indicators

Saturday marks China's traditional Lantern Festival, the 15th day of the first lunar month of the Year of the Dragon. On the day that concludes the two-week-celebration of the Chinese New Year, the nation's consumption performance is set to prolong the buying fever seen in the Spring Festival holidays.


Dengta , Sichuan , China , Bijie , Guizhou , Liulong , Jiangxi , Yadong , Hainan , Hubei , Beijing , Zhang-yi

New Zealand dairy performance key ingredient in US industry's export growth recipe for this year

A pessimistic economic outlook for China this year is likely to weigh on dairy consumption, says the US Dairy Export Council, which believes key competitor...

China , New-zealand , Mexico , Chinese , Fonterra , Us-dairy-export-council , Ministry-for-primary-industries , Export-council , Primary-industries , United-kingdom , Global-dairy-trade

New consumption trends in Chinese New Year

Chinese New Year in 2024, or the Spring Festival, was the first to be listed as an official UN floating holiday. All over the globe, about one-fifth of the world’s population enjoyed a festive atmosphere and appreciated Chinese culture. During this traditional festival, the consumer market presented new trends and forms, indicating the direction of its progress.

Dengta , Sichuan , China , Beijing , South-korea , Chinese , Han , Liu-xiangya , Liu-xiangyachinese-new-year , Spring-festival , Chinese-new-year

Malaysia's 2023 moderate economic growth in sync with other Asean countries - DoSM

KUALA LUMPUR: Malaysia’s 2023 gross domestic product (GDP) growth is in tandem with other Asean countries which also showed moderate growth, said the Department of Statistics Malaysia (DoSM).

Philippines , Kuala-lumpur , Malaysia , China , Indonesia , United-kingdom , United-states , South-korea , Singapore , Mohd-uzir-mahidin , Department-of-statistics-malaysia-do , Statistics-malaysia

LPG imports surge 60% in five years

Imports increased to 18.3 million metric tonnes (MMT) in 2022-23 from 11.4 MMT in 2017-18, according to the petroleum and natural gas ministry data. Domestic LPG production grew barely 4% in the five years to 2022-23 while consumption expanded 22%.

Business-news , Breaking-newsbudget , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Lpg-imports , India , Liquefied-petroleum-gas , Imports

High consumption of processed food hikes risk of heart problem - group

MANILA, Philippines: High consumption of ultra-processed food products increases the risk of developing multimorbidity, a combination of cancer and cardiometabolic diseases like heart disease, stroke, diabetes and kidney problem, the Healthy Philippines Alliance (HPA) warned.

Manila , Philippines , Healthy-philippines-alliance , High , Consumption , Of , Processed-food , Hikes , Risk , Heart , Problem

China's most populous Spring Festival travel rush boosts economy

As half of China's eight-day Spring Festival holidays has passed, the record-setting domestic trips of the travel peak this year are facilitating consumption across the country.

China , Shanghai , Laos , Hangzhou , Zhejiang , Chongqing , Wuhan , Hubei , Hainan , Inner-mongolia , Nei-mongol , Guangdong