A contraction is the phase of the business cycle when the economy declines, often with falling real GDP and rising unemployment, moving from peak toward trough (expansion, peak, contraction, trough).

An economic downturn or recession begins when the economy experiences a significant decline in typical activity, such as employment, production, income and a few other signs, according to the National ...

Andy Kuntz says this incentive agreement does not include any taxpayer funding.

The incoming administration of Prime Minister Srettha Thavisin has hinted at a structural shift away from the country’s export-led economic model. After months of political maneuvering, negotiations, ...

An agreement on the Johor-Singapore Special Economic Zone (JS-SEZ) was announced in early January, after several months of negotiations. The project encompasses a large part of the southern Malaysian ...