economic recovery

It’s good news that after almost two months of containment the number of contagious people is down. But a recent analysis on the Covid-19 epidemic suggests that the virus is still persistent.

Here's what to look out for in the global economy this week.

One cannot rule out the possibility of a prolonged pandemic causing far more extensive damage to economies, owing to business failures, declining employment, faltering private investment and weak or late policy responses.

(Jan 15): Singapore’s economic recovery is broadening out in the city state, but there are still “real challenges” in the labor market, central bank Managing Director Ravi Menon said.