UNIDO - Outlook for Asian firms gloomy amid severe COVID-19 economic impacts

23 July 2020 |

A new report on the economic impact of the COVID-19 crisis by the United Nations Industrial Development Organization (UNIDO) shows pessimism about business prospects in several Asian economies, with more job cuts expected as falling demand hits profits. But impacts across firms and countries vary widely, showing the importance of urgent policy responses from governments.

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