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According to ChainCatcher, GANA has officially launched the Conflux PayFi currency withdrawal feature. Users can now use Web3 assets directly through the GANA DApp to withdraw funds to their bank cards, supporting real-time deposits in major currencies such as USD, CNY, KRW, JPY, and HKD. The official launch of this feature marks an important milestone for GANA in the PayFi sector, indicating substantial progress in the development of compliant payment infrastructure on the platform. Users can conveniently and securely convert Web3 assets into major currencies and directly deposit funds into global bank cards, further enhancing asset liquidity and use cases. GANA is dedicated to providing compliant, efficient, and reliable Web3 payment solutions for users worldwide. The supported major currency channels will continue to expand and will cover more countries and regions in the future.

MPOB April monthly report released: Malaysian palm oil production increased significantly, exports declined, and inventory ceased to decrease, turning into a slight accumulation.

According to the survey conducted from May 4 to May 7, economists expect the bank to raise interest rates by 25 basis points in both June and September, which is more in line with market expectations that the bank will act at least twice this year. The previous round of survey predicted only one increase in the deposit rate, which is currently 2%. Meanwhile, this year's inflation rate is expected to be 2.9%, higher than the 2.8% forecast in the previous survey. Analysts expect inflation to fall to 2.1% in 2027 and reach the European Central Bank's target of 2% in 2028.