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Philippines gets additional $500 million loan from World Bank

MANILA, Philippines — The World Bank has approved a fresh $500-million loan to the Philippines to help the country fund its social assistance and wage subsidy programs for small and medium enterprises amid the coronavirus pandemic. The Philippines Emergency COVID-19 Response Development Policy Loan will support the social amelioration program for 18 million low-income families […]

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THAI flights put on hold until July

Thai Airways International (THAI) has decided to halt flights by the airline for another month and maintain salary cuts put in place after the Covid-19 outbreak, according to a THAI source. The source said the decision was reached after some new board members met for the first time on Friday to keep the national carrier […]

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