Despite a rise in exports for a second straight month in April, a key trade group is maintaining its export forecast at an 8% contraction this year. The Thai National Shippers’ Council (TNSC) cited uncertainty over the end of the coronavirus crisis, the economic slowdown of key trading partners and relatively weak purchasing power because […]
Read MoreKUALA LUMPUR, June 3 — JobStreet has found that several industries, including information technology, manufacturing, banking, retail and healthcare continue to show growth and are still hiring during the Covid-19 pandemic, according to its country manager Gan Bock Herm. He expects the growth will remain for some time as companies are looking at how they […]
Read MoreThe Hanoitimes – The Vietnamese government intends to meet 80% of its domestic pharmaceutical demand through local drug manufacturers. Vietnam’s goal of having the majority of its pharmaceutical demand be met by local firms will shape the country’s medicine market, according to Fitch Solutions, a subsidiary of Fitch Group. Even prior to the Covid-19 pandemic, the […]
Read MoreSINGAPORE: Facebook Inc messaging platform WhatsApp and Paypal Holdings Inc on Wednesday said they have invested in payment and ride-hailing firm Gojek as part of the Indonesian firm’s ongoing fundraising round. WhatsApp and Paypal did not disclose the size of the investment or the stakes they would receive. WhatsApp Chief Operations Officer Matt Idema in […]
Read MoreSINGAPORE saw a record jump in deposits in April as investors rushed to park funds here given its status as a safe haven amidst global market volatility, said analysts. The circuit-breaker measures have also resulted in excess liquidity as residents stay indoors with most shops shut, even as they become more cautious about spending. Deposits […]
Read MoreIndonesia’s Lion Air, which suspended all of its scheduled domestic flights late last month, said it will remain grounded indefinitely — including international services — because of the impact coronavirus-related restrictions have had on travel. The carrier, whose slogan is “we make people fly”, is grounding its fleet from Friday, it said in a statement. […]
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Thailand
