Tag: GDP

chinese-state-owned-companies-debt-defaults-send-investors-into-a-tizzy

Chinese state-owned companies debt defaults send investors into a tizzy

India, Dec. 14 — Despite claims of an economic recovery, Chinese state-owned companies are defaulting on their debts. A string of missed debt repayments...
putrajaya-should-spend-another-rm45b-in-2021-for-economic-growth,-says-lim

Putrajaya should spend another RM45b in 2021 for economic growth, says Lim

KUALA LUMPUR, Dec. 9 — The federal government should have spent and borrowed more to save jobs, businesses and livelihoods next year, said DAP...
lge:-expect-more-credit-rating-downgrades-if-pn-govt-continues-to-bury-its-head-in-the-sand

LGE: Expect more credit rating downgrades if PN govt continues to bury its head...

KUALA LUMPUR, Dec. 7 — DAP’s Lim Guan Eng has warned the government to expect more sovereign credit rating downgrades for Malaysia in the...

After lockdowns, will the world survive on a 90 per cent economy?

A recent economist.com report discusses how the economy is going to have to survive the Covid-19 pandemic while only being 90 per cent functional once countries...

Singapore braces for worst recession in recent history

Singapore—The Monetary Authority of Singapore (MAS) warned on Tuesday (Apr 28) that the country’s economic growth prospects have gotten even more dire. This means...

Curtain falls on Germany’s ‘golden decade’ of growth

by Tom BARFIELD German economic growth plummeted in 2019, official data showed Wednesday, providing fresh ammunition for debate about how to use fiscal surpluses to...

Indonesia hit with $5.2 billion in forest-fire losses: World Bank

Forest fires that raged across Indonesia dented Southeast Asia's biggest economy to the tune of some $5.2 billion, the World Bank said Wednesday, not...

Malaysia overall debt on par with UK, Italy

According to a recent Standard Chartered Plc report looking at the evolution of Asian leverage between June 2008 and June last year, Malaysia’s overall...

China speeds up debt-for-equity program

China's biggest banks are accelerating their debt-for-equity program to offload distressed debts and to help reduce high corporate leverage. The country's big five lenders pledged...

High-income Malaysia to deepen rich-poor gap

In an analysis lambasting Prime Minister Najib Razak's push for Malaysia to become a high-income nation, an Astro Awani writer said the obsession will...
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