The Ministry of Tourism and Cambodia Association of Travel Agents (CATA), urged domestic tourists to travel within the country to boost and support the economic activities during the COVID-19 pandemic. The tourism sector has been severely affected by the pandemic. From January to April 2020, Cambodia welcomed around 1.16million international tourist arrivals, which fell 52 […]
Read MoreThe Lao Ministry of Labor and Social Welfare has instructed employers to ensure workers are fairly compensated despite an economic downturn due to the Covid-19 pandemic. Director-General of the Department of Labor Management, Mr. Phongxaysack Intharath, spoke at a press briefing on Tuesday explaining the steps taken by the Ministry of Labor in assuring payment of employees, […]
Read MoreKUALA LUMPUR (BERNAMA) – With jobs in the services and manufacturing sectors hanging by a thread due to an economic downturn, particularly in the second quarter, economic revitalisation is the pulse in rebuilding the Malaysian economy as the country fights COVID-19. From measures of easing the burden of taxes and providing job security, the National Economic Recovery […]
Read MoreMANILA, Philippines — Philippine economic recovery may fall behind those of other countries in Asia after the “dreadful” labor and industrial data released recently, according to London-based Capital Economics. The macroeconomy research firm said that with lockdowns eased only gradually, it may be more difficult for the Philippine economy to recover from the collapse in […]
Read MoreNearly one third of companies in Myanmar have temporarily closed because of the coronavirus lockdown and the vast majority of those still operating have reported lower turnover, according to the Asia Foundation. A nationwide poll of 750 local businesses – the largest survey so far of the impact of the pandemic – covered the two […]
Read MoreThe private sector is calling for a quick and clear stance from the government on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Companies cited foreign investors who have already invested and are interested in further spending in Thailand, though they are waiting for the government’s decision on participation in the pact to determine […]
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