SINGAPORE – Singapore’s factory output staged a surprising recovery in March, according to data released by the Economic Development Board (EDB) on Friday (April 24). But EDB cautioned that manufacturing output in March had not been significantly impacted by the coronavirus outbreak, and a more pronounced impact is likely to be seen from April onwards due […]
Read MoreLast minute government instructions for factories and workplaces to close for COVID-19 inspections have scrambled business plans and caused disruptions to production, underscoring the need for more coordination and communication between the two parties. After an unusually quiet Thingyan holiday, businesses in Myanmar were expecting work to resume on April 20. But at 8pm on […]
Read MoreIndonesia opted for less punishing social-distancing measures than its neighbors to stem the spread of the coronavirus. Now analysts are warning its economy will take much longer to recover than others in Southeast Asia. With the peak of the pandemic expected in late May, President Joko Widodo is recalibrating his strategy of large-scale social distancing […]
Read MoreAirlines are set to restart services with more limited seat capacity and possibly higher ticket prices to comply with social distancing rules ordered by the Civil Aviation Authority of Thailand (CAAT). “Normally, load factor of each flight should be 60% to reach the break-even point, but under the new seat allocation requiring airlines to leave […]
Read MoreSINGAPORE – Both retail and office rents and prices in Singapore weakened in the first quarter of this year as businesses grappled with the economic fallout from the coronavirus outbreak, as shown by data released by the Urban Redevelopment Authority (URA) on Friday (April 24). The rents and prices of office space in the central region dropped […]
Read MoreCambodia’s fastest-growing ride-hailing app is stepping up to help businesses stay connected to their customers by offering its ‘final mile’ delivery solution – that businesses can use to serve their customers wherever they are in Phnom Penh. Launched this week the offer provides businesses a free month of TADA’s delivery service after sign up by […]
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Thailand
