MANILA, Philippines — The number of potential job losses in the global travel and tourism sector due to the coronavirus disease or COVID-19 pandemic has increased by 30 percent, the World Travel and Tourism Council (WTTC) said. Data from the WTTC show that job losses in the global industry could reach up to 100.8 million […]
Read MoreKUALA LUMPUR, April 26 — Real estate industry experts feel that Covid-19 and the movement control order (MCO) offer a great opportunity for affordable Malaysians to purchase residential properties. This is because developers are offering more attractive packages, including additional discounts, rebates and furnishing to attract buyers, Hartamas Real Estate Group founder and group managing […]
Read MoreThe Council for the Development of Cambodia (CDC) has given the green light to two new investment projects with a total investment capital of $3.6 million. According to the council’s press release issued Friday, the new projects approved are expected to create some 525 jobs for the locals. The two projects cover the production of […]
Read MoreThe Myanmar government is set to regulate multi-level marketing (MLM) companies through a new legislation. U Myint Lwin, director general for Department of Consumer Affair, told this newspaper that the draft Direct Selling Law will put forward a regulatory framework for those firms. The department is responsible for the new legislation and the draft law […]
Read MoreMANILA, Philippines — Inflation is seen easing further below two percent in the third quarter and the first quarter of next year due to the slump in crude oil prices as well as the expected global economic recession amid the coronavirus pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Dennis Lapid, director of the […]
Read MoreThe Bank of Thailand on Monday plans to kick off applications for the 500-billion-baht soft loan scheme for small and medium-sized enterprises (SMEs) affected by the coronavirus, with banks expected to start taking out the loans from the central bank late next week. Ronadol Numnonda, the central bank’s deputy governor for financial institution stability, said […]
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