by Afshin Molavi | Mar 27, 2020 | Emerging Markets, NewPost, Southeast Asia, Tourism, Trade
Thailand’s economy is in trouble. The Bank of Thailand said on Thursday that the Southeast Asian nation’s economy is headed for a 5.3% contraction. The dual shock of a dramatic slowdown in tourist arrivals and in merchandise trade will hit the economy...
by Afshin Molavi | Mar 27, 2020 | Emerging Markets, MENA Business Daily, NewPost, West Asia Economies
Middle East Top Business Stories – March 27 AIRLINES – “As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle East carriers that have been in the red for years must urgently tap assistance from governments facing...
by Afshin Molavi | Mar 26, 2020 | Articles, Coronavirus/Covid-19, Emerging Markets
By Afshin Molavi When multilateral organizations produce economic reports, they generally adorn the front cover with a generic and emotionless photo of an urban center, a thriving factory, or smiling children. A recent report by the Paris-based Organization for...
by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Emerging Markets, Hong Kong, Japan Economy, NewPost, Original Articles, Singapore, South Korea
Revised Downward. We’ll be hearing those two words a lot over the next month as ratings agencies scramble to update their forecasts for countries and companies reeling from the historic impact of the Covid-19 pandemic. The latest “revised downward”...
by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Emerging Market Multinationals, Emerging Markets, NewPost, Original Articles
Emerging market currencies across Asia are feeling the pinch from the Covid-19 pandemic, with values in some places falling to levels not seen since the 1998 Asian financial crisis. An Asian currency stress test by a leading European bank discovered the most trouble...
by Afshin Molavi | Mar 23, 2020 | China Economy, China Equities, Coronavirus/Covid-19, Emerging Markets, NewPost, Original Articles, Shanghai
BlackRock, Fidelity International other major players signal interest in setting up majority-owned mutual fund units in Shanghai, Shenzhen Daily and news agencies report. From April 1, US and global players will be allowed majority ownership in mutual fund and...
