For CK Colindres and her two children, 12 and 2, weekends were always spent strolling in malls and dining out in the Philippine capital of Manila. That all changed when the pandemic struck. They’ve been cooped up at home since the government ordered minors to stay indoors to curb virus transmissions, the only country in […]
Read More[JAKARTA] Indonesia’s government has raised its budget for the national economic recovery programme to 553.09 trillion rupiah (S$52.3 billion), increasing fiscal support for an economy hit by the coronavirus pandemic, a senior minister said on Tuesday. “In plenary cabinet meeting and in other meetings, we’ve decided the size to be 553.09 trillion rupiah. It means […]
Read MorePETALING JAYA: The Covid-19 pandemic has caused foreign direct investment (FDI) into Malaysia to plunge and economists feel more has to be done to reverse the trend. “This is not unexpected and if you compare it with other countries in the region, it is not an isolated trend, ” Socio Economic Research Centre’s executive director […]
Read MoreMANILA, Philippines — The delinquency rate of credit card issuers is expected to increase further due primarily to the loss of income and unforeseen major expenses caused by the prolonged lockdowns to slow the spread of COVID-19, according to the Credit Card Association of the Philippines. CCAP said the delinquency level of credit cards is […]
Read MoreThe Hanoitimes – The Covid-19 pandemic has caused insignificant impact on the Vietnam’s steel production while strongly hit other countries, creating opportunities for Vietnamese manufacturers to expand market share, especially in EU, China and Thailand. Vietnam’s flat steel export to EU will likely grow strongly this year while the global export is predicted to drop due […]
Read MoreThe Small and Medium Enterprise Development Bank of Thailand (SME D Bank) is joining state efforts to retain 28,800 jobs in SMEs through a new 9.5-billion-baht soft loan programme initiated by the Industry Ministry. The money, to be granted under the ministry’s Local Economy Loan scheme, is expected to help 5,760 businesses struggling with liquidity. […]
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Thailand
