Tag: economic recovery
Low Interest Rates Set To Benefit Southeast Asian Economies
Earlier in November, central banks in Indonesia and the Philippines kept interest rates at record lows to support the countries slow recovery from the...
Are Southeast Asian Borders Ready To Reopen?
After 20 months of pandemic-induced restrictions and lockdowns, borders are in the reopening phase across Southeast Asia.
Thailand opening of its border has already boosted...
SAMENTA Urges Recovery Initiatives For Budget 2022
The Small and Medium Enterprises Association Malaysia (SAMENTA) has proposed several initiatives for Budget 2022 in an effort to jumpstart the economy negatively affected...
Malaysia And India Top Asian Forecasts for Faster Growth in 2022
Economic activity next year in Malaysia and India, two of the countries most affected by Covid-19 outbreaks in recent months, is expected to recover...
Japan’s Economy Grew at Faster Pace as Government Spent More
Japan’s economy was expanding at a faster pace than initially estimated last quarter ahead of a record surge in virus cases that contributed to...
Global Corporate Profits To Fall 8% In Q3 After Record Q2...
Global corporate profits in the third quarter are likely to fall for the first time in 18 months after record earnings in April-June, Reuters...
$8.8 Billion IPO Wave Sweeps Across India as Startups Soar
The market for initial public offerings in India is turning into a feeding frenzy.
The amount of money raised in IPOs this year has reached...
Delta Surge Slows Down Asia’s Economic Recovery
A report by the Wall Street Journal on Monday (Aug 2) claims that the highly contagious Delta variant is stalling Asia's economic recovery after...
Indonesia Exits Recession With 7% GDP Growth In Q2, But Virus...
Indonesia pulled out of recession in the second quarter, reporting its strongest annual growth rate in 17 years, but analysts warned its economic recovery...
Thailand Risks First Double-Dip Recession Since 1998 Asia Crisis
Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging...
Why Zombie Companies Are A Threat To Economies Around The World
During a period of lockdown and recession, fewer companies failed. This was a result of a combination of furlough schemes to reduce wage bills,...
Goldman Sachs Says Covid Delta Variant Could ‘Significantly’ Hit Growth In...
Covid-19 infections are surging in several major Southeast Asian economies, and that has led Goldman Sachs to cut its 2021 growth forecasts for most...