HONG KONG : Hong Kong’s economy jumped back into growth in the first quarter of the year, official figures showed … More
Tag: Recession
Indonesia tumbles into first recession for two decades
JAKARTA: Indonesia’s virus-hit economy contracted in the third quarter, plunging it into its first recession since the archipelago was mired … More
Filipinos brace for debt avalanche
Filipinos are bracing themselves for increasing government debt as the coronavirus unleashes an unprecedented havoc on Philippine society that quickly … More
Singapore Boosts Stimulus by S$8 Billion as Recession Deepens
Pedestrians wearing protective face masks pass along Orchard Road in Singapore, on Saturday, July 25, 2020. Singapore’s economy plunged into … More
Hungry and homeless: Philippine ‘jeepney’ drivers hit by virus
MANILA : Forced off the road by coronavirus lockdowns, Philippine “jeepney” driver Daniel Flores now plies the streets of Manila … More
Malaysia Headed for Recession in Six Months, Statistician Says
The Malaysian economy is about to feel the full brunt of the coronavirus pandemic. After posting its slowest growth since … More
