11/26/2020
The OECD has calculated that pension, healthcare and long-term care costs will push up public debt as a share of GDP in G20 countries by 180% by 2060, and this could require offsetting tax increases of between 4% and 12% of GDP. 4
11/26/2020
As a whole, prime office rental recovery is expected to be slow in 2021, especially in core markets like Hong Kong and Singapore, with a continued decline of up to 3 percent, according to Knight Frank.
11/24/2020
While some banks are looking to establish remote working conditions as a new permanent standard, others are less convinced about its long-term effects. finews.asia reviews the measures and views from global banks in the region.
11/20/2020
The non-performing loan (NPL) ratio of the 30 sample banks would surge to 4.9% in 2020, 5.5% in 2021 and 6.7% in 2022, from 1.5% at end-1Q20, under the mild impact stress scenario.
11/19/2020
Expect digital to further blur industry lines, supercharge scalability, and loosen geographical restraints for professional services, says Jessica Tan.
11/18/2020
For the other countries his lack of a foreign policy, his unpredictability, and the fact that he started a trade war that proved negative for a lot of exporters in Asia weighed more heavily – so they preferred a return to the normal.