The government’s ability to provide social protection and ensure undisrupted food supply will be crucial in preventing social unrest as the COVID-19 pandemic is expected to hit households and workers hard, economists have warned. Former Finance Minister Chatib Basri said the government should be able to provide cash transfers for affected citizens, adding that it would need […]
Read MoreMANILA, Philippines — The Philippines is spending P8 billion to purchase an additional 300,000 metric tons of rice via the government-to-government scheme to boost the inventory of the country’s main staple. In a virtual briefing Monday, Department of Agriculture Secretary William Dar said the idea proposed by the DA and the National Food Authority has […]
Read MoreBusinesses such as restaurants and cafés that have been told to remain open this week have reported reduced staff numbers yesterday, on what was supposed to be the first day of the traditional four-day Khmer New Year holiday. This is despite a ban on all celebrations and postponement of the official public holidays by Prime […]
Read MoreTHE Infocomm Media Development Authority (IMDA) on Tuesday unveiled several initiatives in a bid to protect jobs and help the local media sector tide over the coronavirus pandemic. These measures will help media companies benefit from more production project opportunities and reduced operating costs, as well as assist media professionals and freelancers in training and […]
Read MoreThe Bank of Thailand’s Debt Clinic scheme, which pools unsecured bad loans to turn them into performing loans, is offering a grace period on principal and interest and a two-percentage-point rate cut for six months to ease debtor burden amid the Covid-19 crisis. The six-month period runs from April to September, said assistant governor Thanyanit […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – OCBC Bank has brought Google Pay’s peer-to-peer (P2P) funds transfer service to Singapore, making the Republic the third country where this service is available. Before this, the service was available only in the United States and India. With the new service, OCBC customers can pay directly from their bank accounts to […]
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