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To fight the worst economic recession in Singapore’s history, the Finance Minister, Heng Swee Keat, delivered close to S$100bn (20% of GDP) worth...
Expectations of a supportive macro policy environment have underpinned our positive 2021 outlook for India for some time. Despite the impressive...
The IDR and INR were the only Asian currencies that depreciated against the USD in 2020. Last year we highlighted the twin deficit risks that were...
Markets have cheered today’s budget, which was perceived to be growth-oriented with an emphasis on infrastructure spending. The revised estimates...
On February 1, Myanmar’s military seized control of the country, announcing a one-year state of emergency and the replacement of democratically...
Economic growth has picked up from the sharp falls in Q2 2020, but the recovery across the ASEAN-6 economies has been uneven. Varying success in...
We expect a more synchronous recovery in Asia Pacific in 2021, with all economies returning to annual growth. While China’s growth should moderate
With Joe Biden set to become the next US president in January 2021, it removes some of the downside risks to our Asia’s economic outlook. However,...
The COVID-19 outbreak has devastated city tourism, with global city arrivals forecast to decline 58% in 2020, equivalent to the loss of 373mn...
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