As much of the world grapples with the Covid-19 pandemic with global trade and economies paralysed, 77 new factories have launched operations in the Kingdom, while only six have shut down. And in the first quarter of this year, the total number of factories registering with the Ministry of Industry, Science, Technology and Innovation has […]
Read MoreThe government is in talks with four start-ups to forge partnerships for the preemployment card program as it wants to add more online courses despite recent backlash over the program’s partner selection process and courses. The program management’s president director, Denni Purbasari, said adding new partners was intended to encourage more start-ups to grow. It […]
Read MoreMANILA, Philippines — The Department of Finance is studying possible revisions in the Comprehensive Tax Reform Program (CTRP) to help sectors severely affected by the coronavirus disease 2019 or COVID-19 outbreak, according to DOF Secretary Carlos Dominguez. Dominguez said this in response to acting Socioeconomic Secretary Karl Kendrick Chua’s statement that the CTRP may need […]
Read MoreSINGAPORE – Moody’s Investor Service said a record-high 96 companies worldwide are now on the line between speculative grade and investment grade. It said the companies have suffered from deteriorating economic conditions amid the coronavirus pandemic and the sharp declines in commodity prices. The global agency – whose rating of debt owed by companies and countries is […]
Read MoreMANILA, Philippines — The government may extend loan assistance to private schools and businesses in the tourism sector to help them cope with the impact of the coronavirus disease 2019 or COVID-19 pandemic, according to the Department of Finance (DOF). During a virtual meeting with Congress’ Defeat COVID-19 sub-committee on economic stimulus technical working group, […]
Read MorePackaged rice manufacturers and distributors yesterday agreed to cut their prices by as much as 50%, as requested by the Commerce Ministry. This is the second campaign initiated by the ministry to lower the prices of goods to help people during the coronavirus crisis. On April 16, the ministry requested consumer goods makers, distributors and […]
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Thailand
