The World Tourism Organization reports that the figures for international tourist arrivals worldwide had doubled in 2022 compared to the previous year, citing the easing of COVID-19 pandemic-related travel restrictions. 2023-01-17
Japan's GDP contracts 4.8% in 2020, which is the first annual economic contraction since 2009 due to the impact of the pandemic. 2021-02-15
COVID-19 pandemic in South Korea, Variant of Concern 202012-012020-12-28
Japanese economy grew at annualized rate of 21.4% in July-September quarter after two consecutive quarters of contraction due to the pandemic, driven by rise of private spending and exports. 2020-11-17
Malaysia unveils an RM322.5 billion expansionary 2021 Budget to boost its domestic economic activity, according to government reports, as it grapples with the economic fallout of the pandemic and rising political uncertainty. 2020-11-6
The Reserve Bank of Australia slashes its official cash rate to a historic low 0.1%, in an attempt to boost spending in the economy and address the high rate of unemployment caused by the COVID-19 pandemic. It is also expected that the cash rate will not go up for at least another three years. 2020-11-3