Singapore plunges into recessions; is India next in line?


Singapore Plunges Into Recessions; Is India Next In Line
Singapore’s economy dove into a technical recession last quarter as an extended lock-down decimated local businesses and pulverized retail spending. A technical recession is characterized as two sequential quarters of quarter-on-quarter shrinkage.In the initial three months of the year, Singapore detailed a 3.3% decrease in GDP contrasted with the previous quarter.


Singapore Plunges Into Recessions; Is India Next In Line
Singapore’s economy dove into a technical recession last quarter as an extended lock-down decimated local businesses and pulverized retail


Recession in Singapore: Virus-hit Singapore plunges into
International Business News: Singapore plunged into recession in the second quarter as the economy contracted more than 40 per cent, preliminary data showed Tuesday, with the trad


Inventiva – Singapore’s economy dove into a technical …
Singapore Plunges Into Recessions; Is India Next In Line? | Inventiva Singapore’s economy dove into a technical recession last quarter as an extended lock-down decimated local businesses and pulverized retail spending.


Singapore plunges into recession – Business – Business …
SINGAPORE: Singapore’s economy shrank more than 40 percent in the second quarter as the coronavirus plunged the Southeast Asian financial hub into recession for the first time in more than a …


Coronavirus effect: Singapore plunges into recession as …
Coronavirus effect: Singapore plunges into recession as economy shrinks 41% The economy shrank 41.2 percent quarter-on-quarter and 12.6 percent on-year between April and June, according to data from the trade ministry, and analysts said it was the worst quarterly figure for gross domestic product ever recorded in Singapore.


Singapore plunged into recession due to Covid19 Pandemic
Reportedly singapore plunged into recession in the second quarter as the economy contracted more than 40 percent, preliminary data showed tuesday, with the trade-dependent city state hammered by the coronavirus in another ominous sign for the global recovery. The economy shrank 41.2 percent quarter …


Coronavirus-hit Singapore plunges into recession as …
Singapore plunged into recession in the second quarter as the economy contracted more than 40 percent, preliminary data showed Tuesday, with the trade-dependent city-state hammered by the …


Virus-Hit Singapore Plunges Into Recession – The ASEAN Post
A cyclist rides along Marina Bay overlooking the financial business district in Singapore on 14 July, 2020. (AFP Photo) Singapore’s economy shrank more than 40 percent in the second quarter as the coronavirus plunged the Southeast Asian financial hub into recession for the first time in more than a decade, official data showed Tuesday.


Singapore recession: Latest News & Videos, Photos about …
Japan plunges into recession as US states start opening up 18 May, 2020, 11.31 AM IST Japan’s economy plunged into recession in the first quarter as the coronavirus pandemic squelched business activity, while leaders in the U.S. and Europe weighed the risks and rewards of lifting COVID-19 restrictions knowing that a vaccine could take years to …