More than 1,000 people at two companies have lost their jobs due to the ailing economy. In Nakhon Sawan, more than 800 workers received an unpleasant surprise when they arrived for work at a swimwear factory on Friday, but were instead greeted by a sign saying they had all been laid off because of the […]
Read MoreMANILA, Philippines — Economists expect inflation to remain benign at 2.5 percent in July due to weak demand for goods owing to the coronavirus pandemic. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said consumption demand remains tepid amid the COVID-19 outbreak. Global oil prices would also remain subdued, keeping price levels […]
Read MoreUp to 40,000 employees in the footwear manufacturing sector have already been impacted in the first half of this year, a direct impact from the ongoing COVID-19 pandemic which shows no signs of respite. In addition, with the ongoing health crisis and dwindling demands, a further 40,000 employees in the industry are at risk of […]
Read More
Thailand
