Economy Archives - Page 3 of 4

Deutsche Bank’s analysis reveals that the COVID-19 outbreak will greatly inhibit the world’s economic activity. The initial projection for the Q1 2020 growth in the gross domestic product (GDP) has…

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How SARS Impacted Global Economies

February 26, 2020

With the death toll due to the COVID 2019 disease outbreak surpassing that of the 2003 SARS outbreak and with the number of confirmed cases increasing, — not only in…

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Cities
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Coronavirus: Are We Heading For A Global Recession?

February 21, 2020

If the deaths caused by the recent COVID-19 outbreak aren’t already enough, there are escalating fears that this will also drive economies to recession. Why would this happen? Simply put,…

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Society

Coping With COVID-19: Economic Measures For Companies And Workers

February 20, 2020

The 2019-Coronavirus, or COVID-19 has impacted the global economy – as well as our local economy – in a big way. Sectors such as tourism and transport have been directly affected. And…

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Which Countries Achieved Economic Growth? And Why Does It Matter?

February 17, 2020

The average person at present is about four times richer than the average person back in 1950, according to Max Roser in his article Which countries achieved economic growth? And…

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The Most Innovative Economies In The World

February 12, 2020

Singapore is the third most innovative economy in the world for the year 2020, according to this year’s edition of Bloomberg’s Innovation Index. If you are interested in seeing the…

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The Most Innovative Economies In The World

February 12, 2020

Singapore is the third most innovative economy in the world for the year 2020, according to this year’s edition of Bloomberg’s Innovation Index. If you are interested in seeing the…

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Singapore’s Economic Outlook In 2020

January 17, 2020

Singapore is expected to register around 1.4% growth in gross domestic product (GDP) in 2020, according to the report of DBS Bank. DBS said that this expected growth rate for…

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Cities

In 2020 Asia Will Have The World’s Largest GDP. Here’s What That Means

January 13, 2020

In 2020 Asia’s GDP will overtake the GDP of the rest of the world combined. By 2030, the region is expected to contribute roughly 60% of global growth. Asia-Pacific will also…

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MTI Forecasts GDP to Grow by “0.5 to 1.0 Per Cent” in 2019 and “0.5 to 2.5 Per Cent” in 2020

November 21, 2019

The Ministry of Trade and Industry (MTI) announced today that the Singapore economy is expected to grow by “0.5 to 1.0 per cent” in 2019 and by “0.5 to 2.5…

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