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Added on the 14/04/2021 14:00:00 - Copyright : EFE Inglés
Singapore, Apr 14 (EFE/EPA).- Singapore's gross domestic product (GDP) grew by 0.2% in the first quarter of 2021, the first expansion of the economy of the city-state since the start of the Covid-19 pandemic."The expansion is a strong signal that our economy is slowly but surely recovering from the unprecedented impact of Covid-19 last year," Trade and Industry Minister Chan Chun Sing said on Facebook after the release of the data.The Asian nation, whose GDP shrank by 5.8% in 2020, has come out of recession, according to preliminary data announced by the Singaporean Ministry of Trade and Industry on Wednesday. (Camera: WALLACE WOON).B-ROLL OF SINGAPORE.
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
Tokyo, Sep 8 (EFE/EPA).- Japan upped the growth of its gross domestic product Wednesday in the quarter from April to June, 0.5 percent compared to the previous quarter, two 10ths above its preliminary estimate.In year-on-year terms, Japan's economic growth in the period was 7.6 percent, one 10th above the figures the Japanese Cabinet Office published in mid-August. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF THE CITY OF TOKYO, JAPAN.
Singapore, Apr 28 (EFE/EPA).-The Monetary Authority of Singapore has forecasted a recovery of the country's economy, reporting up to a 6 per cent growth in its GDP. (Camera: WALLACE WOON)SHOT LIST: B-ROLL OF THE MARINA BAY SANDS SHOPPING MALL IN SINGAPORE.
A US stimulus package in the order of the $2.2 trillion CARES act approved in March would increase growth by two percentage points next year, the IMF's chief economist tells AFP. SOUNDBITE
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