KUALA LUMPUR, May 1 — The government’s Wage Subsidy Programme (WSP) should be extended in order to prevent job losses, as the movement control order (MCO) drags on. Economist Hafiz Noor Shams told a Webinar that as more people are expected to lose their incomes and companies struggle to pay wages, the government needs to […]
Read MoreThe economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank. The V- or U-shaped recovery mainly depends on foreign tourist arrivals and the global economy, said Don Nakornthab, who is in charge […]
Read MoreMANILA, Philippines — Office rental in Metro Manila is seen to plunge by 17 percent this year due to softer demand from all sectors, but is expected to recover by next year, a property services firm said. In its first quarter office report, Colliers International Philippines said office lease rates across Metro Manila is expected […]
Read MoreCondo investment buyers are starting to rule the market again by scooping up ready-to-transfer units at discount prices and speculating to reap capital gains over the next two years as the pandemic fades, according to property consultants. The heavily discounted prices from top developers have lured many investment buyers this month after they went missing […]
Read MoreThe Hanoitimes – The number of enterprises resuming operations in April surged 40.4% year-on-year, indicating enterprises are preparing for a restart once the pandemic is contained. Due to the Covid-19 pandemic, the number of newly established enterprises in Vietnam in the first four months of 2020 stood at 37,600 with registered capital of a combined VND445.2 […]
Read MoreThe Federation of Thai Industries (FTI) is calling on the government to provide clear guidelines for businesses reopening in May to prevent a second wave of Covid-19 infections. Supant Mongkolsuthree, chairman of FTI, said the government should build confidence through its measures to control the spread of the virus. “Businesses agree with the government on easing […]
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