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May Macro Economy Review

[May - 18 - 2020] Japan GDP retreated 3.4% in Q1, on yearly basis calculation; South Korea's GDP fell 1.4% from the previous quarter; China's economy fell 6.8% from a year earlier

[June - 10 - 2020] Property developing and construction firm Chip Eng Seng on Wednesday announced that its subsidiary CES-Precast (CESP) will acquire the remaining unexpired leasehold estate in an industrial building in Tuas. The SGD25 million acquisition comes as part of the group's plans to diversify its businesses amid the Covid-19 fallout.

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