‘Economy on the mend’ MANILA, Philippines — The Philippine economy shrank at a less severe pace in the third quarter, coming off a record nosedive in the second quarter, following the easing of mobility restrictions and reopening of more businesses. Economic output, as measured by gross domestic product (GDP), declined by 11.5 percent year-on-year in […]
Read MoreSINGAPORE and Hong Kong will launch their bilateral air travel bubble on Nov 22, allowing people in both cities to travel without quarantine, stay-home notices or controlled itineraries. Travellers from both cities must travel on designated flights serving only the air travel bubble travellers. As a start, there will be one flight a day into […]
Read MoreVietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said. Vietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said during an interview with […]
Read MoreMigrant workers from Myanmar, Laos and Cambodia whose work permits expire next year are being allowed to continue working in Thailand for up to two more years. Permission for the legally registered migrant workers to stay longer was approved at the weekly cabinet meeting on Tuesday, according to deputy government spokeswoman Rachada Dhnadirek. She said […]
Read MoreIndonesia aims to double the value of business deals to be made during this year’s business forum with Latin American and Caribbean countries. The value of business deals agreed during the same event last year, which involved more than 200 companies, reached US$33 million, according to I Gede Ngurah Swajaya, the director general for American […]
Read MoreTuktuk drivers have seen a drop in revenue of up to 70 percent but are still being asked to pay up to 15 percent of it for using ride-hail technology, say representatives. One of Asia’s oldest and longstanding jobs has seen a shakeup with many drivers looking to leave their jobs to find alternative income […]
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