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Search Result for “fiscal stimulus package”

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BUSINESS

Thai stocks drop, Malaysia hits 7-month low

Bloomberg News, Published on 28/06/2021

» Thai stocks fell on Monday while Malaysian equities tumbled to a seven-month low, leading a selloff across many of southeast Asia’s markets, after the government in Kuala Lumpur extended a nationwide lockdown due to elevated Covid-19 infections.

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BUSINESS

Thai economic recovery trails others in Asia - ADB

Bloomberg News, Published on 28/04/2021

» Developing Asia’s economy will rebound faster this year than previously estimated, as nations tread diverging recovery paths, according to the Asian Development Bank.

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BUSINESS

Central bank sees hazy tourism outlook as major risk

Bloomberg News, Published on 18/02/2021

» The economy is expected to expand this year more slowly than previously forecast because of a resurgence in coronavirus cases, the central bank said, singling out an uncertain recovery in tourist arrivals as a “major risk” to the medium-term outlook.

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WORLD

Philippines needs B1tn recovery plan, lawmaker says

Bloomberg News, Published on 09/08/2020

» The Philippines needs 1.56 trillion pesos (about 1 trillion baht) to help it recover from a record economic contraction, according to a lawmaker.

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BUSINESS

Economic leadership void seen worsening uncertainty

Bloomberg News, Published on 20/07/2020

» Thailand is replacing the top two officials steering the economy through its worst crisis ever, injecting more uncertainty into the policy outlook.

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BUSINESS

Singapore economy could contract 7%, most since independence

Bloomberg News, Published on 26/05/2020

» Singapore’s economy is facing its worst contraction since independence more than a half-century ago as the coronavirus outbreak and measures to contain it pummel the trade-reliant city state.

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BUSINESS

China hones new plan to overtake the US in tech

Bloomberg News, Published on 21/05/2020

» Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence.

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WORLD

Singapore cases rise again; Europe’s economy reels: Virus update

Bloomberg News, Published on 23/04/2020

» Singapore reported more than 1,000 new coronavirus cases again, while China reported no deaths for an eighth straight day. US President Donald Trump said he disagreed with the Georgia governor’s decision to begin relaxing social-distancing measures this week, a marked shift in tone.

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WORLD

Spain deaths slow, Singapore quarantines dorms: Virus update

Bloomberg News, Published on 05/04/2020

» US President Donald Trump warned of a “very horrendous” phase in the coronavirus pandemic. Singapore ordered almost 20,000 people living in two housing facilities for foreign workers to stay in their rooms for 14 days after the city-state had its biggest one-day increase in Covid-19 cases. The UK health minister said some progress is being made in lowering the infection curve after the country had its deadliest day yet on Saturday.

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WORLD

US may become hub of outbreak: Virus Update

Bloomberg News, Published on 24/03/2020

» The euro zone economy is sinking as countries toughen containment efforts, implementing strict stay-at-home policies even as China prepared to lift its lockdown in Wuhan, the city at the center of the original outbreak.