Gulf Times - economy
Large corporates urged to offer concessions to SMEs to support economy

Large corporates urged to offer concessions to SMEs to support economy

Large corporate houses in Qatar should re-engineer the payment terms and offer concessions to the small and medium enterprises (SMEs) to complement the sovereign efforts ...

Philippine economy shrinks first time in two decades

Philippine economy shrinks first time in two decades

The Philippine economy contracted for the first time in more than two decades during the first quarter, but officials warned Thursday that the worst was likely yet to come as the nation reels from the coronavirus ...

Samsung heir apologises over corruption scandal

Samsung heir apologises over corruption scandal

The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.

Australia 'losing $2.5 bn a week' in virus shutdown

Australia 'losing $2.5 bn a week' in virus shutdown

Australia's economy is losing Aus$4 billion (US$2.5 billion) every week its virus shutdown continues, with GDP forecast to plunge 10 percent in the June quarter, according to figures announced Tuesday.

India set to extend lockdown despite impact on economy

India set to extend lockdown despite impact on economy

The Indian government is set to extend a 21-day national lockdown to contain the spread of coronavirus beyond Tuesday, a regional leader said Saturday after a meeting with Prime Minister Narendra Modi.

Qatar economy seems to have entered new normal: Euler Hermes

Qatar economy seems to have entered new normal: Euler Hermes

Qatar's economy seems to have entered a new normal where the country will continue experiencing slower growth rates, Euler Hermes has said in a report.

The government attaches great importance to economy, investment: Al-Raya

The government attaches great importance to economy, investment: Al-Raya

Al-Raya newspaper affirmed that the economic and investment file is at the top of the priorities of the government of the State of Qatar, which was confirmed by the Arab Monetary Fund ...

G20 leaders seek unity as virus hits US economy

G20 leaders seek unity as virus hits US economy

World leaders held emergency online talks Thursday to build a united front against the coronavirus pandemic that has claimed more than 21,000 lives and triggered fears of an economic collapse ...

US Congress, negotiators reach deal on $2 trillion coronavirus aid package

US Congress, negotiators reach deal on $2 trillion coronavirus aid package

The Senate and White House have reached agreement on a $2 trillion stimulus package for the US economy and millions of Americans ravaged by the coronavirus crisis, top lawmakers said early Wednesday.

Trillion-dollar US economic rescue package crashes in Senate

Trillion-dollar US economic rescue package crashes in Senate

A trillion-dollar Senate proposal to rescue the reeling US economy crashed to defeat Sunday after receiving zero support from Democrats, and with five Republicans absent from the chamber ...

Negotiations lag on $1 trillion stimulus for virus-hit US

Negotiations lag on $1 trillion stimulus for virus-hit US

US lawmakers urgently negotiating a $1 trillion emergency package to salvage an economy ravaged by the coronavirus missed a Republican-imposed deadline to reach an agreement by the end of Friday.

Is the global economy heading towards a recession?

Is the global economy heading towards a recession?

The novel coronavirus and its impact on global economic growth, including emerging economies and the fall in oil prices sent the global capital markets crashing last week.