News Snapshot:
ADB lowers 2020 economic growth forecast for Asia to 0.1% 18 Jun 2020 / 22:23 H. A woman walking past a fashion retail outlet along the Orchard shopping belt in Singapore today. The ADB said economic activity in Southeast Asia is expected to contract by 2.7% this year. – AFPPIX KUALA LUMPUR: The Asian Development Bank (ADB) has revised downwards its 2020 growth forecast for Asia to 0.1% from 2.2% projected in April. In a statement today, it said the forecast, which will be the slowest growth for the region since 1961, was contained in the bank’s new set of...
