Australian airline Qantas on Thursday announced a major reduction in flights to Asia as the deadly coronavirus outbreak that began in China impacts demand and eats into profits. The carrier said it would cut flights to Asia by 16% for at least three months, with flights to Shanghai suspended and those to Hong Kong and […]
Read Moree-Government is a crucial element in linking the government with stakeholders to better drive economic development and poverty alleviation in Myanmar, said State Counsellor Daw Aung San Suu Kyi. “I want Myanmar people to understand and apply these technologies. Technologies should be modified into Myanmar versions gradually so that even ordinary Myanmar people can become […]
Read MoreMANILA, Philippines — Credit watcher S&P Global Ratings has also slashed its projected gross domestic product (GDP) growth for the Philippines to 6.1 percent instead of 6.2 percent as the global outbreak of the novel coronavirus disease (COVID-19) takes its toll on economies. In its latest report titled “COVID-19 will hit Asia-Pacific economies hard,” the […]
Read MoreThe Hanoitimes – Whether Vietnam could take advantage of the CPTPP would depend on the country’s institutional capabilities and local enterprises’ adaptability. The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) that has a clear timeline for signatories to realize their commitments would help speed up institutional reforms in Vietnam, according to Nguyen Thi Thu Trang, director of […]
Read MoreCambodia’s ranking has slightly improved in this year’s global index of emerging logistics markets, rising one notch compared with the same survey last year from 42 to 41 among 50 countries included in the study. The survey is conducted by Agility, one of the leading logistics companies in the world. Agility first conducted the survey […]
Read MoreKUALA LUMPUR: The World Bank Group is reviewing Malaysia’s economic growth again for 2020, measured by gross domestic product (GDP), given the 2019 novel coronavirus (Covid-19) outbreak, said its representative to Malaysia and country manager Firas Raad. This marks the second time that the group reviews the country’s economic growth for this year, after it revised […]
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Thailand
