Indonesia’s volume of domestic and international airfreight has dropped 39 percent from the average rate as the majority of airlines ground aircraft due to the COVID-19 outbreak, Indonesian National Air Carrier Association (INACA) data shows. The association recorded a domestic freight volume of 13,558 cargo ton kilometers (CTK) and an international freight volume of 111,464 […]
Read MoreThe Hanoitimes – Orders from online segment of Big C and Saigon Co.op increased during national holidays. Sales from online segment of some big supermarkets in Vietnam increased during national holidays when the retailers launched promotion campaigns for essential products and fresh food as consumption in the period has surged. Saigon Co.op-owned Co.opmart and Co.opXtra. Food […]
Read MoreThe Ministry of Tourism plans to introduce new guidelines this month for business health standards for tourism-related businesses such as hotels, restaurants and resorts as the ministry aims to increase domestic tourism. A working group has been established to write a clear set of guidelines for businesses to follow and ensure they are maintaining an […]
Read MoreMANILA, Philippines — Moody’s Analytics Inc. and Fitch Solutions Country Risk & Industry Research expect a slower economic growth for the Philippines as the costs of the coronavirus disease 2019 or COVID-19 outbreak continue to mount in Asia. In its latest weekly Asia Pacific economic preview, Moody’s Analytics said the Philippine economy may grow by […]
Read MoreThe government’s new preemployment card program, a mix of cash aid and training subsidy for unemployed workers, needs to be converted to full-fledged cash aid that will be more relevant for laid-off and furloughed workers, experts say. Perbanas Institute economist Piter Abdullah told The Jakarta Post that preemployment card recipients would find it difficult to find jobs […]
Read MoreTHE novel coronavirus is starting to make itself felt in Malaysia’s export figures, even as exports drag is likely to intensify in Q2, say Citi economists Kit Wei Zheng and Ang Kai Wei. March exports fell 4.7 year-on-year, while imports fell 2.7 per cent year-on-year, with trade surplus stable at RM12.3 billion. Exports were likely […]
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Thailand
