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With a weak global economy due to the Covid-19 pandemic, also Taiwan’s economy is expected to decline. The International Monetary Fund (IMF) downgraded its projection for the Tiger State for this year to minus 4%. Critics say the IMF is too negative, e.g. not taking into account how well Taiwan has controlled the virus outbreak.
Nintendo posts record net profits of 3.6 billion USD for April - December 2020 - but also takes a hit from the coronavirus crisis.
Despite the crisis year of 2020, Nintendo was still able to significantly increase its profits. The Japanese video game giant reported a record net profit of 3.6 billion USD for the period April – December. And for the second time in three months, Nintendo raised its profit forecast for the financial year ending in March and now expects a net profit of 3.8 billion USD.
Vietnam is one of the most successful developing economies, but its population faces challenges in this rapidly growing market system.
According to the International Monetary Fund (IMF), Vietnam’s economy will see a slow-down in growth to 2.7% in 2020. Nevertheless, Vietnam has relatively strong macroeconomic fundamentals and is expected to recover quick. Indeed, a study by PricewaterhouseCoopers suggests that the Vietnam economy is among the fastest-growing on the planet, and could enter the top 20 in the world by 2050.
China Wirtschaft China ist die bevölkerungsreichste Nation der Welt, und die chinesische Wirtschaft ist inzwischen, gemessen an der Kaufkraftparität, zur größten der Welt geworden. Trotzdem
Ein Profil von Chinas Wirtschaft - eine der wichtigsten Volkswirtschaften der Welt, aber eine, die auch mit massiven Problemen zu kämpfen hat.
China ist die bevölkerungsreichste Nation der Welt, und die chinesische Wirtschaft ist inzwischen, gemessen an der Kaufkraftparität, zur größten der Welt geworden. Trotzdem, China hat mit einem verlangsamten Wachstum zu kämpfen und auch die COVID-19-Pandemie fordert ihren Tribut von der Wirtschaft des Landes.
South Korea’s economy is foundamentally sound, but with Covid-19 pandemic, the IMF predicts the economy to shrink 1.2 percent this year.
The South Korea economy is the 4th largest in Asia and the 12th largest in the world. South Korea, or the Republic of Korea, is credited with a meteoric rise from being one of the poorest economics to a developed and high-income country in just a few decades. This economic growth, sustained since the 1980s, is dubbed the “Miracle of the Han River.”
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There have been multiple attempts to devise digital cash over the last couple of decades. Eventually, in 2009, Bitcoin succeeded in creating a decentralised, digital form of money.
China legt bei digitaler Währung vor: der digitaler Yuan wird die erste voll funktionsfähige digitale Zentralbankwährung sein.
There have been several attempts to develop digital money over the past few decades. Finally, in 2009, Bitcoin managed to create a decentralized, digital form of money
Vietnam is one of the most successful developing economies, but its population faces challenges in this rapidly growing market system.
According to the International Monetary Fund (IMF), Vietnam’s economy will see a slow-down in growth to 2.7% in 2020. Nevertheless, Vietnam has relatively strong macroeconomic fundamentals and is expected to recover quick. Indeed, a study by PricewaterhouseCoopers suggests that the Vietnam economy is among the fastest-growing on the planet, and could enter the top 20 in the world by 2050.
Indonesia economy
Singapore economy is highly developed, and ranked as one of the most open and most pro-business in the world - therefore attractive for investors.
The necessary protection measures to conquer the COVID-19 pandemic are severely impacting economic activity around the world. As a result of the pandemic, the International Monetary Fund (IMF) projects the global economy to contract sharply by –3 percent in 2020. This would be much worse than during the 2008–09 financial crisis.
South Korea’s economy is foundamentally sound, but with Covid-19 pandemic, the IMF predicts the economy to shrink 1.2 percent this year.
The South Korea economy is the 4th largest in Asia and the 12th largest in the world. South Korea, or the Republic of Korea, is credited with a meteoric rise from being one of the poorest economics to a developed and high-income country in just a few decades. This economic growth, sustained since the 1980s, is dubbed the “Miracle of the Han River.”
Signs of India’s recovery from the pandemic-induced economic crisis have encouraged analysts to be optimistic about 2021.
There is no doubt that India’s economic development has been set back by the coronavirus pandemic. For the first time in decades, India’s economy has fallen into recession, largely due to the impact of the coronavirus pandemic on Asia’s third largest economy.
Singapore economy is highly developed, and ranked as one of the most open and most pro-business in the world - therefore attractive for investors.
The necessary protection measures to conquer the COVID-19 pandemic are severely impacting economic activity around the world. As a result of the pandemic, the International Monetary Fund (IMF) projects the global economy to contract sharply by –3 percent in 2020. This would be much worse than during the 2008–09 financial crisis.
South Korea’s economy is foundamentally sound, but with Covid-19 pandemic, the IMF predicts the economy to shrink 1.2 percent this year.
The South Korea economy is the 4th largest in Asia and the 12th largest in the world. South Korea, or the Republic of Korea, is credited with a meteoric rise from being one of the poorest economics to a developed and high-income country in just a few decades. This economic growth, sustained since the 1980s, is dubbed the “Miracle of the Han River.
Asia’s economy is shifting towards consumption. What strategies are there to invest in the Asian consumer?
The Asian consumer is becoming a powerful engine in the world economy. However, the region’s consumption, spurred by increasing income and high standards of living
The Philippine economy has registered stable growth over recent years. But with coronavirus, growth is expected at a dismal 0.6 percent this year.
The Philippine economy is the world’s 36th largest, the 13th largest economy in Asia and the 4th largest economy in the ASEAN region behind Indonesia, Malaysia and Thailand. As one of the fastest growing economies in Asia the country is amongst the so-called Tiger Cub Economies with Indonesia, Malaysia, Vietnam and Thailand.