ECONOMIC SLOWDOWN Archives - aydintepemedya.com

Thai economy shrinks less than expected in Q3, outlook raised as tourism revival eyed

BANGKOK (REUTERS) – Thailand’s economy contracted less than expected in the third quarter as businesses started a slow recovery from the coronavirus-driven slump [...]

Thailand says Covid-19 resurgence to cut GDP by 0.8% to 2.0% in 2021

BANGKOK (REUTERS) – The latest coronavirus wave to hit Thailand is expected to reduce gross domestic product (GDP) by 0.8 per cent to [...]

Indonesia left with few options as Covid-19 surge hits economy

JAKARTA (BLOOMBERG) – Indonesia is left with few easy options to bolster its economy as a virus resurgence threatens its recovery at a [...]

Japan's economy shrinks less than first reported during Covid-19 emergency

TOKYO (BLOOMBERG) – Japan’s economy shrank last quarter less than first reported, according to figures that come as yet another round of restrictions [...]

Weakened Thai economy faces uphill fight amid surge in new Covid-19 cases

BANKKOK (BLOOMBERG) – Thailand’s economic contraction continued into the start of year, setting the stage for a further slump as the country now [...]

Philippine economy shrinks more than expected in Q1 on prolonged lockdowns

MANILA (REUTERS) – The Philippine economy shrank by more than expected in the first quarter of 2021, supporting views that the central bank will [...]

India's economy shrinks as Covid-19 slams small businesses

NEW DELHI (NYTIMES) – China has come roaring back from the devastation of Covid-19, and the United States, Europe and Japan are finding [...]

From coupons to cash, governments spend millions to revive economies

CHINA Cities and provinces across China have offered consumption coupons to encourage spending. Wuhan, the original epicentre of the outbreak, began giving out [...]

Malaysia's Q2 GDP contracts 17.1 per cent, worst performance since Asian financial crisis

KUALA LUMPUR – Malaysia’s gross domestic product (GDP) contracted 17.1 per cent year-on-year in the second quarter of 2020, compared to a marginal [...]

Philippines plunges into recession as GDP falls by most ever amid coronavirus pandemic

MANILA (BLOOMBERG) – The Philippine economy suffered its deepest contraction on record in the second quarter amid one of Asia’s earliest and longest [...]