Singapore's recession was deeper than first estimated in the second quarter as the coronavirus pandemic dealt a major blow to Asia's trade-reliant economies. The city-state has been hit hard by ... ( read original story ...)
Singapore’s economic contraction in the second quarter was worse than initial estimates
The Ministry of Trade and Industry revised its full-year forecast for Singapore to register an economic contraction of between 5% and 7% in 2020. Previously, it had expected the country's GDP to fall ... ( read original story ...)
Singapore faces a ‘bumpy road’ to recovery from coronavirus impact: CIMB
Even as Singapore's domestic consumption picks up, its economic resumption remains rocky without a more substantial global recovery in external demand like trade plus goods and services, says Song ... ( read original story ...)
Virus-hit Singapore’s Q2 recession deeper than estimated
Singapore's virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country's first recession in more than a decade was deeper than initially estimated, official data ... ( read original story ...)
Coronavirus latest: Singapore economy shrinks 13% in Q2 as forecasts revised
Sydney Airport is raising $1.4bn to restructure its operations in response to the calamitous slump in air travel. Reporting delays keep a lid on US figures for new cases and deaths. Cuba shuts down ... ( read original story ...)
Singapore’s Economy Posts Worse Contraction in Second Quarter
Singapore’s economy had a bigger contraction in the second quarter than previously estimated, signaling a long recovery ahead for the trade-reliant nation.Gross domestic product plunged an annualized ... ( read original story ...)
Singapore downgrades second quarter GDP as lockdown measures hurt
Singapore's economy contracted more than initially estimated in the second quarter due the lockdown measures to curb the spread of the coronavirus, official data showed on Tuesday. ( read original story ...)
Israel closes Gaza goods crossing after balloon attacks
Israel will close its goods crossing with the Gaza Strip, authorities said Monday, after militants in the Hamas-run territory fired rockets into the Mediterranean and launched incendiary balloons ... ( read original story ...)
IPL gets government nod for UAE, invites new title sponsor
The Board of Control for Cricket in India (BCCI) has received government permission to stage this year's Indian Premier League (IPL) in the United Arab Emirates, the league's chairman Brijesh Patel ... ( read original story ...)
Azerbaijan Hotel Association eyes restoring work in post-pandemic period
By Fidan Babayeva - Trend: In the post-pandemic period, the Azerbaijan Hotel Association plans to, at least partially, reach the success of the previous years, Chairman of the board of the Association ... ( read original story ...)