Myanmar’s tourism industry is expected to remain closed for the rest of the year due to COVID-19 restrictions, operators said. The recovery of the sector depends on the country’s ability to control and contain the spread of COVID-19. Meanwhile, far fewer foreign tourists are expected over the next two years. “It may be possible for […]
Read MoreIndonesia is finalising a $1 billion financial bailout plan for its flag carrier to help it stave off a debt default after the coronavirus crisis forced the airline to ground most of its planes. The rescue plan includes a proposal to restructure PT Garuda Indonesia’s $500 million sukuk due next month and arrange new bridge […]
Read MoreThe Labour Ministry has decided to back off from seeking a hike to 75% compensation of the daily wage for workers affected by the Covid-19 outbreak amid resistance from labour activists, a ministry source said on Sunday. Labour Minister MR Chatu Mongol Sonakul had proposed the change but for the time being it has been […]
Read MoreThe Kingdom’s airline operator said that local travelling by air will take at least one year to recover after the pandemic ends, according to the chairman of Cambodia Angkor Air. Tek Reth Samrach, chairman of Cambodia Angkor Air, told Khmer Times that it was affected by the COVID-19 pandemic. Angkor Air provided just one flight within two […]
Read MoreSWEDISH meatballs and home furnishings by Ikea are set to arrive in Singapore’s western region, when the retailer opens an outlet at Jem shopping centre in 2021. This will be its first small-store concept in South-east Asia, whereby the Swedish home goods giant becomes a tenant within a mall instead of establishing another of its […]
Read MoreThe Hanoitimes – Vietnam would be among a handful of nations maintaining positive economic growth this year, according to a World Bank expert. Vietnam’s highly effective Covid-19 countermeasures would help the country’s economy recover from the pandemic much faster than regional peers, according to David Hutt, a journalist specializing in Southeast Asian politics. During the outbreak […]
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Thailand
