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The OECD sees a 6% global economic slump this year and warned that the impact of the coronavirus pandemic on businesses and the most vulnerable will require extraordinary government action, it said in its quarterly outlook.
(Nov 22): The global economy is growing at the slowest pace since the financial crisis as governments leave it to central banks to revive investment, the OECD said on Thursday in an update of its forecasts.
SINGAPORE (Sept 2): In recent years, demand for digitalised peer-to-peer services such as accommodation sharing website AirBnB, private car booking app Uber as well as crowd-funding platforms like Kickstarter as substitutes for the traditional and pricier
(Aug 19): Indonesia’s tax amnesty is too generous and may even hamper compliance in an economy already ranked as one of Southeast Asia’s worst for collection, said the Organisation for Economic Cooperation and Development.