Thailand’s economy to contract by 8.9% in 2020: Experts
Productivity, confidence and consumer spending will remain low in the period ahead...
Tag : economy
UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
Hong Kong’s unemployment rate highest in over a decade at 5.2%
The underemployment rate hit 3.1%, the highest in more than 15 years...
UK to witness a £300bn budget deficit in the current financial year
Government borrowing is equivalent to more than 15% of economic output...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...
Philippines’ economy shrinks for the first time in two decades
Its GDP declined by 0.2% in the first quarter of 2020...
IHS Markit: UK economy set for a 7% quarterly contraction
The information provider company expects the actual decline in GDP to be even greater...
UK’s economy to lose £800 bn in the next 10 years due to the pandemic
NIESR expects the economy to bounce back next year...
UN releases framework to lift economies, save jobs
The UN calls for an scale-up of international support and political commitment to ensure access to essential services and social protection...