Indonesia’s restaurant chains and retailers are struggling to fulfill their obligations to their employees while trying to keep their business afloat amid the COVID-19 pandemic. Publicly listed PT Fast Food Indonesia, the operator of Kentucky Fried Chicken (KFC) chains in Indonesia, said in a statement last Friday that it closed 97 stores across the country […]
Read MoreSINGAPORE – Wages are likely to be harder hit than employment amid the Covid-19 outbreak, although workers in the retail trade, food and beverage, and recreation sectors are most vulnerable to layoffs, the Monetary Authority of Singapore (MAS) said on Tuesday (April 28). Labour demand will decline significantly across most sectors of the economy as overall […]
Read MoreThailand’s retail market is likely to see a sharp contraction in the first quarter as the spread of the coronavirus compounds the blow from widespread drought and evaporation of tourist arrivals. Total retail sales are forecast to drop by 30% in the first quarter this year, with tens of billions of baht in estimated losses, […]
Read MoreThe government has announced it will launch rules and a special logo to certify food is organic. The announcement number 163, signed by Veng Sakhon, minister of agriculture, forestry and fisheries, is named Cambodia’s Organic Agriculture Rules and National Logo for Implementation in Preliminary Food Production and Processing. It is to promote mutual trust among […]
Read MoreMANILA, Philippines — Stuck at home during the enhanced community quarantine, Mark Andrew Francisco, 30, from Rizal province has resorted to paying his bills online, something he has not tried doing before. “I’ve always preferred lining up in a branch to pay my dues because my payments get credited real-time, unlike if you pay online, […]
Read MoreSINGAPORE – The many risks to a decisive recovery may see Singapore’s economy contract by more than forecast this year, the Monetary Authority of Singapore (MAS) warned in its macroeconomic review released on Tuesday (April 28). The Government has said it expects gross domestic product (GDP) to shrink by between 1 per cent and 4 […]
Read More
Thailand
