fiscal stimulus

Not everyone sees the bottom as necessarily in.

From Singapore's $48 billion Resilience Budget to a potential monetary easing, here are a few key economic events that took place this week.

Unfortunately, the package — while helpful — will not be enough to stave off a recession, says Maybank Kim Eng’s senior economist Chua Hak Bin.

According to See Wei Hwa, director of tax at KPMG, the 100% property tax rebate for qualifying commercial properties will result in cashflow support of up to 1.2 months of rent for companies in industries adversely affected by Covid-19.

A looming credit crunch was evident even before the Covid-19 pandemic. In December 2019, a report from Robert Triffin International noted that every metric of dollar exposure outside the US was flashing red.

SINGAPORE (Mar 27): The biggest hit to the global economy comes not from the virus itself but from the escalating restrictive movement measures imposed by governments.  “Social distancing” is probably among the most repeated phrases these days, alon

The plan would include about US$500 billion in loans and assistance for larger companies, as well as states and cities, according to the latest drafts being circulated. But the aid comes with strings attached after pressure from Democrats.

It is understood that Bank Negara Malaysia is delaying the release of its much-anticipated guidance on the economy that traditionally accompanies its annual report, owing to the ongoing movement control order (MCO) that has been extended to April 14.

The Indonesian ride-hailing and food delivery giant will also redirect the budget it’s set aside for annual employee salary increases to the fund.