GDP

China growth at two-year low over Covid, property woes

by Beiyi Seow  Agence France-Presse BEIJING, China (AFP) -- China logged its slowest economic growth since the initial Covid outbreak,…

War in Ukraine could halve 2022 global trade growth: WTO

  by Robin MILLARD Agence France Presse GENEVA, Switzerland (AFP) -- Russia's war in Ukraine could almost halve world trade…

PHL economy grows by 7.7 percent in 4th quarter of 2021 despite Delta variant, super typhoon Odette impact

PHL posts 5.6 percent overall growth based on GDP for whole year of 2021   (Eagle News) – The Philippine…

Lockdowns cause Australian economy to shrink

SYDNEY, Australia (AFP) -- Lockdowns and border controls shrank Australia's economy by 1.9 percent in the third quarter, official statistics…

Philippine economy rebounds in Q2 but faces ‘speed bumps’

Growth in 2nd quarter fastest in more than three decades   MANILA, Philippines (AFP) -- The Philippine economy grew in…

PHL GDP shrinks by 4.2 percent in first quarter of 2021

(Eagle News) -- The Philippines' Gross Domestic Product shrank by 4.2 percent in the first quarter of 2021. According to…

Australia economy shrinks 1.1% in 2020

SYDNEY, Australia (AFP) -- Australia's economy contracted 1.1 percent in 2020 as the coronavirus pandemic took hold, but saw a…

Indonesia virus-hit economy posts first yearly contraction since 1998

JAKARTA, Indonesia (AFP) -- Indonesia on Friday logged its first annual contraction since the 1998 Asian financial crisis, as the…

Philippine economy shrinks 11.5% in third quarter

MANILA, Philippines (AFP) -- The Philippine economy shrank for the third straight quarter in July-September, official data showed Tuesday, but…

Japan slides into recession — with forecasts of worse to come

by Kyoko HASEGAWA Agence France Presse TOKYO, Japan (AFP) -- Japan dived into its first recession since 2015, according to…

Singapore GDP shrinks most since financial crisis amid pandemic

SINGAPORE, Singapore (AFP) -- Singapore's economy, a bellwether for trade-reliant Asian countries, suffered its worst contraction since the global financial…

Japan suffers worst economic slump in five years

by Miwa SUZUKI TOKYO, Japan (AFP) -- Japan has suffered its worst quarterly GDP contraction in more than five years,…

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