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AGAINST a highly challenging global economic outlook, a global recession looks imminent. The Malaysian economy is expected to see a contraction of -2% at its worst and growth of 0.5% at its best in 2020, compared with 4.3% in 2019.
BANGKOK: Thailand’s billionaires have been told it’s their civic duty to fight the Covid-19 economic crash, which threatens to exacerbate a climb in poverty over recent years.
India’s biggest carrier weighs a bid for Virgin Australia
SYDNEY: Suncorp Group revealed it was the latest of several large companies in Australia to underpay its workers, while announcing its banking unit expects to take a A$133mil (US$87mil) hit from the coronavirus pandemic.
SYDNEY: Australia’s headline inflation accelerated in the first three months of the year to climb back within the central bank’s 2%-3% target, reflecting how wildfire damage and the coronavirus shutdown impacted food prices before the pandemic sent the economy into a tailspin.
NOW that most of us have been under lockdown for more than a month, how have we coped emotionally, economically, socially and politically?
IT seems like a distant memory now of the events from the initial Covid-19 outbreak that hit the tourism-related industry.
PETALING JAYA: Downward pressure piled up on WCT Holdings Bhd’s shares after the company lost its arbitration case last week.