ATI Newswire - the latest updates

July 26, 2021

GENEVA - The International Air Transport Association (IATA) has called on governments to take action to address the high cost of COVID-19 tests in many jurisdictions, and urged flexibility in permitting the use of cost-effective antigen tests as an alternative to more expensive PCR testsIATA also recommended that governments adopt recent World Health Organisation (WHO) guidance to consider exempting vaccinated travellers from testing requirements. 

July 23, 2021

SINGAPORE -- Companies across the globe are ramping up their spending, with S&P Global Ratings forecasting corporate capital expenditure (capex) to rise 13% for the year. S&P says global capex from nonfinancial companies fell to US$3.3 trillion in 2020 from US$3.5 trillion in 2019, and it is set to rebound to US$3.7 trillion in 2021.

July 23, 2021

JAKARTA -- Bank Indonesia (BI) has kept its policy rate unchanged at 3.50% as widely expected as it strikes a balance between supporting growth and maintaining currency stability. Although the central bank downgraded its domestic growth forecast, it is more positive on global growth.

July 2, 2021

HANOI -- Vietnam's Q2 GDP growth quickened to 6.61% y/y in Q2, 0.6% weaker than market expectations of 7.2% y/y. But in an economic research note, ANZ Bank points out that the result marks an improvement from 4.65% y/y growth in Q1 (revised upward from 4.48% y/y earlier).

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