Singapore's usually busy financial district during a weekday. Prof Sumit Agarwal of NUS says one way to shore up GDP is via public spending, "because, right now, private consumption is almost zero".
THE Singapore economy is headed for what many said will be an"unprecedented recession" this year - and watchers are warning that most people may not have grasped how tough the road to recovery could get.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett: 'American magic' will spur US economic recoveryWASHINGTON: Billionaire investor Warren Buffet said on Saturday (May 2) he's confident the US economy will bounce back from its pummeling by the ... Only magic will help
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
This virtual exhibition features blue-chip artists Banksy, Jeff Koons and KawsArtcels, a digital art investment platform based in London, will host a virtual exhibition by some of the world's best-known contemporary artists from May 4 to May 18. Banksy 😍
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Modi meets ministers to finalise steps to revive Indian economy reeling under lockdownNEW DELHI (BLOOMBERG) - Prime Minister Narendra Modi has discussed ways to increase liquidity and credit to businesses, infrastructure and farming sectors to restart Asia's third-largest economy, which is reeling under the impact of the world's toughest lockdown.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
PM Muhyiddin takes major gamble with coronavirus lockdown lift to jump-start Malaysia's economyKUALA LUMPUR - Malaysia's move to cut short its lockdown period by more than week and allow nearly all economic activity to resume on Monday (May 4) is stirring a worrisome debate in the country.. Read more at straitstimes.com. Go ahead make my day!
Source: The Straits Times - 🏆 8. / 63 Read more »
Muhyiddin takes major gamble by lifting coronavirus controls to jump-start Malaysia's economyKUALA LUMPUR - Malaysia's move to cut short its partial shutdown by more than week and allow nearly all economic activity to resume on Monday (May 4) is stirring a worrisome debate in the country.. Read more at straitstimes.com. More of a political move base on race and religion more than anything else. But will they truly be grateful or when things get worse feel they are being patronise?
Source: The Straits Times - 🏆 8. / 63 Read more »