BUSINESS

Old risks fade, new risks emerge

Business, Piyasak Manason, Published on 23/05/2020

» May has been the month when investment and economic reality diverged. The global economic contraction is deepening. Composite purchasing managers' indices, the most timely economic indicator, hit a record low globally in April. Preliminary estimates for May show a slightly slower rate of contraction, but the figures are still in deep negative territory.