There are four major benchmarks for crude oil globally – West Texas Intermediate (WTI), Brent Blend, Dubai Crude and Tapis Crude-, in which WTI recently announced that the United States’ (US) oil prices fell as low as USD37.63 per barrel. Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri […]
Read MoreThe Trade Ministry is working to ensure staple food prices, including beef, remain affordable and distribution remains smooth amid the COVID-19 outbreak by partnering with ride-hailing company Gojek, importers and retailers. The Indonesian Meat Importers Association (Aspidi), the Indonesian Retail Association (Aprindo) and the Indonesian Market Traders Association (Appsi), all of which are partnering with […]
Read MoreTourism industry insiders have called on the government to discuss the possibility of delaying interest and principal repayments for businesses within the sector that have been economically destroyed by COVID-19. The request follows a report from the Ministry of Tourism which shows that as of April 17, there are 2,698 hotels, guesthouses, restaurants and travel […]
Read MoreThe World Bank has fast-tracked the approval of US$50 million in loan financing for the Myanmar COVID-19 Emergency Response Project, fast-tracked by its facility as part of global emergency support operations. The funds will be prioritised for the upgrading of Intensive Care Units (ICU) at selected hospitals including all eight central level hospitals and 43 […]
Read MoreSINGAPORE – Half of finance leaders in Singapore said their company falls short in reporting its triple bottom line of people, planet and profit. A report published on Wednesday (April 22) by Workday, a financial management and human capital management software firm, showed that while the majority of finance leaders of large companies are producing […]
Read MoreCommercial airlines have been told to adopt strict anti-disease transmission rules when they resume domestic flights on May 1, according to the Civil Aviation Authority of Thailand (CAAT). While returning to the skies is the airlines’ right, they must operate flights differently, said Chula Sukmanop, the CAAT director-general. The airlines, mostly low-cost carriers, will meet […]
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