KUALA LUMPUR, April 30 — Senior Minister Datuk Seri Ismail Sabri Yaakob today said that small and medium-sized enterprises (SME) will be given permission to operate soon during the movement control order (MCO). He said that the relaxation for SMEs will be accompanied by suitable standard operating procedures (SOP). “Yes, big companies are allowed to […]
Read MoreIf the COVID-19 situation worsens, 75 percent of companies will seek to cut human resource costs, a recent survey by HR consulting firm Talentnet Corporation has found. The company polled 172 enterprises in various sectors in March-April for the survey on HR practices to cope with the pandemic. The estimated changes in HR budgets will […]
Read MoreLocal livestock numbers have been reported to be on the rise, showing that local production will soon be able to increase supply to local markets, which currently still depend strongly on imports. Since the COVID-19 outbreak, the Government has called to increase domestic production for local supply while the sector needs to fund and promote […]
Read MoreThe Office of Industrial Economics (OIE) has downgraded Thailand’s manufacturing production index (MPI) for 2020 to a record low of negative 6-7%, with industrial GDP contracting 5.5-6.5%. The drop is a result of the pandemic, the global economic slowdown, the declining export sector, weak domestic purchasing power and droughts. Thongchai Chawalitpichaet, director-general of the OIE, said […]
Read MoreMANILA, Philippines — The government continues to adopt technology to combat the possible threat of food security amid the coronavirus disease 2019 or COVID-19 pandemic. The Department of Agriculture will partner with ride-hailing app Grab and other enterprises with an online-driven platform to speed up movement of food and agricultural products from provinces to consumers. […]
Read MoreSINGAPORE – Bank lending inched down in March from the previous month amid the coronavirus outbreak, as a drop in consumer loans offset a rise in business lending, preliminary data from the Monetary Authority of Singapore (MAS) showed on Thursday (April 30). Loans through the domestic banking unit, which captures lending in all currencies but reflects mainly Singapore-dollar […]
Read More
Thailand
