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ANZ cuts Singapore’s 2020 growth outlook to 0.4%

ANZ has become the latest bank to downgrade Singapore’s 2020 economic forecast, no thanks to the impact of the Covid-19 outbreak that has spread across the globe. Gross domestic product (GDP) growth could be just 0.4 per cent, according to Khoon Goh, ANZ’s head of Asia research, against his earlier projection of 1.5 per cent. […]

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Indonesia – There’s no way to boost exports: Jokowi says investment key to push economic growth

President Joko “Jokowi” Widodo has said investment is the key to accelerating economic growth amid a slowing global economy.  As the global economy is expected to continue growing at snail’s pace this year, Jokowi said investment would be the only thing that could improve the country’s economic growth. “There’s no way we can boost exports because […]

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