Bloomberg Thailand’s economy contracted the most in more than two decades, deepening its recession as the nation’s key drivers of trade and tourism remain hobbled by the global coronavirus pandemic. Gross domestic product (GDP) shrank 12.2% from a year ago, the National Economic and Social Development Council said on Monday, its biggest decline since the Asian financial crisis in 1998. ...

Bloomberg China’s economic recovery continued in July with industrial growth remaining steady, even as weak retail sales undercut the rebound. Industrial output rose 4.8% in July from a year earlier, the same as in June, but lower than economists’ expectations. Overall retail sales fell 1.1%, compared to a projected 0.1% increase. The July data show that China’s recovery is still ...

Bloomberg Singapore could consider opening its borders to tourists in an effort to attract more traffic into its once-bustling airport. The city-state could unilaterally allow passengers from certain countries or regions that have kept virus cases at similar or lower levels than Singapore, Ong Ye Kung, the newly appointed transport minister, said in a speech to his staff, without naming ...