Home > Singapore economy expected to enter recession due to Covid-19

Sciences
Singapore economy expected to enter recession due to Covid-19

Description

Singapore, Apr 29 (EFE/EPA).- Singapore’s economy may contract more than forecast this year entering a recession due to the coronavirus pandemic, according to the Monetary Authority of Singapore.Gross domestic product (GDP) is expected to decline by one to four per cent due to the loss of economic activity in the country and globally. (Camera: HOW HWEE YOUNG). SHOT LIST: GENERAL VIEW OF SINGAPORE DURING A PARTIAL LOCKDOWN 'CIRCUIT BREAKER' PERIOD TO PREVENT THE SPREAD COVID-19 IN SINGAPORE.

Added on the 29/04/2020 14:00:00 - Copyright : EFE Inglés

To customise your video :

Generic export code

More videos on the subject

Singapore again downgrades GDP forecast due to COVID-19 crisis

Bangkok Desk, May 26 (EFE).- Singapore's economy is set for its worst recession in the history of the city state, with its 2020 gross domestic product growth forecast downgraded to between -7 percent and -4 percent due to the economic crisis generated by the COVID-19 pandemic, the Singaporean government said on Tuesday.ARCHIVE FOOTAGE

26/05/2020 - EFE Inglés
Tourism in Singapore expected to decline due to Covid-19

Singapore, Feb 12 (EFE/EPA).- Singapore’s economy is expected to be hit hard by the outbreak as tourist arrivals and spending are forecast to decline by 30 percent this year. The disease caused by the novel coronavirus (SARS-CoV-2) has been officially named Covid-19 by the World Health Organization (WHO). The outbreak, which originated in the Chinese city of Wuhan, has so far killed at least 1,116 people and infected over 45,000 others worldwide, mostly in China. (Camera: HOW HWEE YOUNG)FOOTAGE SHOWS TOURISTS WEARING PROTECTIVE FACE MASKS IN THE MERLION PARK IN SINGAPORE.

18/02/2020 - EFE Inglés
Poverty in Honduras could increase from 70 to 75% in 2021 due to Covid-19

Tegucigalpa, Jul 12 jul (EFE).- The poverty rate in Honduras could increase from 70 to 75 percent by the end of 2021 due to the economic crisis caused by the Covid-19 pandemic, the high cost of living and the lack of job opportunities, an economist told Efe Monday. "Poverty could increase five percentage points. That means three out of every four Hondurans would be in a condition of poverty by the end of 2021," said Ismael Zepeda, an economist at the non-governmental organization Social Forum for the External Debt of Honduras (FOSDEH). (Camera: URIEL GUDIEL).B-ROLL OF THE CITY OF TEGUCIGALPA, HONDURAS.

13/07/2021 - EFE Inglés
Malaysia's economic recovery expected to be affected by Covid-19

Kuala Lumpur, Jul 2 (EFE/EPA).- Malaysia's economic recovery is expected to be affected by the latest increase of above 5,000 daily Covid-19 cases that has triggered a full lockdown in parts of Selangor state and the capital Kuala Lumpur until July 16. (Camera: AHMAD YUSNI)SHOT LIST: B-ROLL OF SHUT DOWN BUSINESSES FOLLOWING LOCKDOWN ORDERS IN KUALA LUMPUR, MALAYSIA.

02/07/2021 - EFE Inglés
South Korea's KOSPI falls 0.44% due to fears over new COVID-19 variant

Seoul, Jul 1 (EFE/EPA).- The benchmark South Korea Composite Stock Price Index (KOSPI) fell 14.62 points Thursday, or 0.44 percent, to close at 3,282.06 due to fears over the spread of COVID-19's new variant. (Camera: JEON HEON-KYUN). SHOT LIST: SOUTH KOREAN DEALERS WORK IN FRONT OF MONITORS AT THE HANA BANK IN SEOUL, SOUTH KOREA.

01/07/2021 - EFE Inglés