KUALA LUMPUR, June 3 — A recent survey by recruitment company JobStreet has revealed up to 20 per cent of respondents have been retrenched, amid the ongoing Covid-19 pandemic. The survey, conducted in May and involving 5,000 participants, indicated that one in five Malaysians who were previously working have lost their jobs due to Covid-19. […]
Read MoreThe Hanoitimes – Up to 90% of online shoppers in Vietnam still prefer cash payment over online transactions, mainly due to security concern and a preference to check product quality before paying. While e-commerce has become an indispensable part of enterprises’ operation since the Covid-19 outbreak, the lack of trust from customers, among other issues, is […]
Read MoreMANILA, Philippines — The country’s balance of payments (BOP) surplus narrowed by 28.5 percent to $448 million in March from $627 million in the same period last year amid the sharp drop in foreign portfolio investments as investors cashed in on their holdings amid the coronavirus disease 2019 or COVID-19 pandemic, according to the Bangko […]
Read MoreThe country’s main industries and economic growth are expected to take longer than one year to return to pre-pandemic levels, while an unemployment spike is the greatest concern, says Kasikorn Research Center (K-Research). Tourism, automotive and property development are the three industries expected to take a longer time than other sectors to bounce back to […]
Read MoreThe government is considering a US$24 million bail-out plan to help Myanmar National Airlines (MNA) cover its operational expenses, U Win Khant, Permanent Secretary of the transport ministry, said during a Myanmar tourism forum on June 1. “The situation at MNA is pretty bad and the airline could require state protection to remain solvent,” said […]
Read MoreMANILA, Philippines — Flights resumed on Wednesday after the government re-opened the country’s airspace, two and a half months since getting shut off during the enhanced community quarantine in Luzon and other areas. In separate advisories, local carriers announced they are mounting flights from Metro Manila to select areas in the Visayas and Mindanao where […]
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Thailand
