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financial-crisis

Academia 3 years ago

PREMIUM
Indonesian presidents in times of crisis: The way I see it

Before the 1997 crisis hit, foreign countries such as the United States and Japan and international organizations like the World Bank treated Indonesia as their “golden boy”.

Opinion 4 years ago

Revisiting ASEAN-Korea relations on the 54th ASEAN Day

While ASEAN and Korea share many commonalities, more efforts can be made to address the asymmetries in their partnership to advance together towards a more prosperous future.

Business 5 years ago

Thailand economy shrinks most since 1997 on tourism collapse

Last year's 6.1 percent contraction was the worst since a 7.6 percent decline during the Asian financial crisis in 1997 and officials said they expect the economy to expand at a much slower pace than initially predicted in 2021.

Business 5 years ago

Global dividend plunge to be worst since financial crisis

The coronavirus crisis will see the world’s biggest firms slash dividend payouts between 17 percent-23 percent this year or what could be as much US$400 billion, a new report has shown, although sectors such as tech are fighting the trend.

Sports 5 years ago

WTA can weather revenue hit but no normalcy until 2022: CEO

The WTA has a strategy in place to cope with the financial strain caused by the COVID-19 pandemic but chief executive Steve Simon thinks the elite women's Tour will not return to any semblance of normality before 2022.

Opinion 5 years ago

PREMIUM
Probing government loan-restructuring and liquidity assistance programs

The question that obviously arises is how effective will they be in reducing financial-sector liquidity risks in Indonesia?

Business 5 years ago

Pandemic slams Asia's factories, activity hits financial-crisis lows

Asia's factory activity was ravaged in April, business surveys showed on Monday, and the outlook dimmed further as government restrictions on movement to contain the coronavirus outbreak froze global production and slashed demand.

Editorial 5 years ago

Bail-in, not bailout banks

Profitability and asset quality have been adversely affected by the COVID-19-induced economic downturn and probably even economic recession.

Opinion 5 years ago

Preventing the economy from imploding

Faced with an economic crisis on an unprecedented scale, many countries have realized that they have to counter the devastating economic impact with unprecedented, overwhelming force.