SINGAPORE, Aug 27 — Three ministries and two government agencies yesterday responded to President Halimah Yacob’s opening speech for the new term of Parliament, mapping out how they intend to help Singapore weather the economic storm wrought by Covid-19 and pursue new sources of growth in this period. The Ministry of Trade and Industry (MTI), […]
Read MoreIndonesia’s recovery from the economic effects of the pandemic must focus on the sectors where the greatest number of workers have fallen into poverty, according to a researcher from the University of Indonesia’s Social and Economic Research Institute (LPEM UI). This would mean that agriculture would take priority in most of the provinces of Java […]
Read MorePolicymakers must be forward-looking and prepare for unknown risks to safeguard the economy from challenges arising from the pandemic, says Finance Minister Predee Daochai. Some key measures include extending remedies to vulnerable small businesses, making preparations ahead of the global economic recovery, promoting job creation in the private sector and preparing employment strategies for new […]
Read MoreCovid-19 and the slow implementation of power transmission projects may make it impossible for solar power projects to connect to the national grid by the end of the year. Investors of solar power projects are concerned that they may fail to connect to the national grid and this be able to enjoy the preferential FIT […]
Read MoreTHE beauty services industry in Singapore on Wednesday launched an industry alliance and a competency framework to tackle challenges such as attracting local talent and uplifting service standards in the beauty and wellness sectors. Comprising five trade associations brought together by Enterprise Singapore (ESG), the Beauty Services Alliance (BSA) represents about 6,000 businesses in beauty […]
Read MoreMANILA, Philippines — The country’s outstanding debt may reach more than P10 trillion by December and further swell to nearly P12 trillion next year as the government ramps up its borrowings amid the coronavirus pandemic, according to the Department of Budget and Management. The budget department said the national government’s debt stock may rise to […]
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Thailand
