SUBSCRIBERS
Covid-19 pandemic to cost Asia-Pac economies US$620b: S&P
Published Mon, Mar 23, 2020 · 09:50 PM
Singapore
S&P Global Ratings is forecasting the Covid-19 pandemic will cost an estimated US$620 billion in total and permanent income loss for Asia-Pacific economies.
This cost covers the entire period from the first quarter of 2020 to mid-2021 when almost every major economy returns back to trend in the agency's baseline, it said in response to a query from The Business Times.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Indian vote body tells X to remove Modi party video targeting Muslims, opposition
Inflation-hit Argentina has a new top banknote, worth just US$10
Trade between Singapore and Asean was at S$295.6 billion in 2023
One out of every 24 New York City residents is a millionaire
Private credit faces pain from high interest rates, Moody’s says
BOE postpones Long-Term Repo Operation due to tech issues