KUALA LUMPUR: Middle-powers like the European Union (EU) and Asean should heed the lessons learned from Covid-19 about the importance of continued relevance of global openness and free trade, says the CIMB Asean Research Institute (CARI). CARI chairman Tan Sri Munir Majid noted such points to be particularly pertinent as countries struggle to return to […]
Read MoreVietnam has made a new policy move in its journey to transform itself into a digital economy and improve its legal framework, much to the appreciation of investors and businesses. Over a week ago, the Politburo enacted Conclusion No.77-KL/TW on overcoming impacts of COVID-19 for national economic recovery and development. The conclusion underlined the need […]
Read MoreIT will be the most in-demand job category in the wake of the coronavirus pandemic as organisations gear up for digital transformation, says job portal JobsDB Thailand. Up to 7 million employees are expected to be out of a job during the crisis, the company said. “Some 25% of Thai employees indicated that the virus […]
Read MoreThailand’s food export value is expected to dip by 3% this year from an earlier target of 1.02-1.06 trillion baht, as exporters believe the industry will be slow to recover from the impact of the pandemic. The months-long business shutdown, ban on inbound flights, weak purchasing power and recent baht appreciation have all dealt a […]
Read MoreIndonesian ride-hailing decacorn Gojek announced on Tuesday evening that it would lay off 430 employees, around 9 percent of its total workforce, as the COVID-19 pandemic has battered demand for its lifestyle services. The layoff follows the company’s plan to close down its lifestyle division GoLife, which includes massage and cleaning services, as well as […]
Read MoreMANILA, Philippines — Four in 10 Filipinos expect their quality of life to worsen in the next 12 months amid the coronavirus disease 2019 (COVID-19) pandemic, according to a recent Social Weather Stations (SWS) survey. The poll, taken from May 4 to 10, found 43 percent of the respondents expecting their quality of life to […]
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