Tag: GDP
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...
Japan’s Economy Contracts While China’s Industrial Output Grows
As global supply disruptions and fresh Covid-19 cases hit businesses and consumer spending, Japan's economy contracted much faster than expected in the third quarter,...
Malaysia’s Economy Slumped In The Third Quarter of 2021
The Malaysian economy contracted by 4.5% in the third quarter of 2021. This was largely attributable to the strict containment measures particularly in July,...
Strong Resurgence for Malaysian Businesses
As Malaysia took a beating economically with GDP contracting by 5.6 percent in 2020, SMEs were particularly hard hit by the pandemic. However, as...
The Problem with SMEs in Asia
In the West, small and medium-sized enterprises (SMEs) have been a key part of economic growth. In Asia, however, SMEs have been at a...
Why SMEs Are Important For An Economy
The role of SMEs is quite substantial in many countries, especially in emerging and developing countries.
SMEs account for a large share of total employment,...
Thailand Raises Public Debt Ceiling To Recover Economy
Thailand has increased the ceiling of its public debt-to-gross domestic product (GDP) ratio to 70 percent from 60 percent, allowing the government to raise...
Hong Kong To Match Singapore In Growth For First Time Since...
Hong Kong's economy is expected to catch up with rival financial hub Singapore's pace of expansion this year for the first time since 2008,...
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...
India Sees Record Economic Growth During Covid Surge
India's economy rebounded at a record rate in the three months to the end of June even as a devastating second wave of Covid-19...
A Bright Spot In An Uncertain Southeast Asian Economy: Singapore Raises...
Singapore’s economy is set to expand at a faster rate than the government previously expected as the city-state shakes off an uptick in virus...
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...
