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Fitch Solutions Macro Research

Covid-19

Asia-Pacific worst-hit as Covid-19 decimates the travel industry

Global tourist arrivals could decline by up to 80% y-o-y in 2020 and 25 million jobs could be lost in aviation-related sectors.

Sustainability

Red meat could be next sin tax after sugar, Fitch says

SINGAPORE (Aug 19): Meat could be a target for higher taxes, given criticism of the industry’s role in climate change, deforestation and animal cruelty, according to a report by Fitch Solutions Macro Research.

Singapore Budget

Singapore government likely to adopt looser fiscal policy; bumper budget could signal early elections: Fitch Solutions

SINGAPORE (Jan 22): Fitch Solutions Macro Research says it expects the Singapore government to adopt looser fiscal policy for FY19/20 (April-March) in an effort to cushion the economic slowdown due to unfavourable global economic conditions.

US-China trade war

US-China trade dispute likely to re-escalate after Mar 1, says Fitch Solutions

SINGAPORE (Jan 11): Fitch Solutions Macro Research is suggesting a high likelihood that the US-China trade dispute will re-escalate after Mar 1, due to disagreements over a number of outstanding key concerns.
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