The private sector is calling on the government to continue easing its lockdown measures to allow other businesses, particularly those related to tourism and supply chains, to restart to curb escalating unemployment. Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said the latest survey on business sentiment nationwide has found […]
Read MoreMANILA, Philippines — As the Philippines slowly re-opens its economy from stringent lockdowns, the government is banking on resilient Filipino consumers to propel a quick recovery from the outbreak, but unpaid bills that piled up are likely to get in the way. Household bills, from utilities to loan payments, are haunting back consumers, some of […]
Read MoreMyanmar’s tourism industry is expected to remain closed for the rest of the year due to COVID-19 restrictions, operators said. The recovery of the sector depends on the country’s ability to control and contain the spread of COVID-19. Meanwhile, far fewer foreign tourists are expected over the next two years. “It may be possible for […]
Read MoreIndonesia is finalising a $1 billion financial bailout plan for its flag carrier to help it stave off a debt default after the coronavirus crisis forced the airline to ground most of its planes. The rescue plan includes a proposal to restructure PT Garuda Indonesia’s $500 million sukuk due next month and arrange new bridge […]
Read MoreThe Labour Ministry has decided to back off from seeking a hike to 75% compensation of the daily wage for workers affected by the Covid-19 outbreak amid resistance from labour activists, a ministry source said on Sunday. Labour Minister MR Chatu Mongol Sonakul had proposed the change but for the time being it has been […]
Read MoreThe Kingdom’s airline operator said that local travelling by air will take at least one year to recover after the pandemic ends, according to the chairman of Cambodia Angkor Air. Tek Reth Samrach, chairman of Cambodia Angkor Air, told Khmer Times that it was affected by the COVID-19 pandemic. Angkor Air provided just one flight within two […]
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Thailand
