Thailand sets sights on medical tourism after combating COVID
One month after reporting zero virus transmission, the province of Phuket in Thailand is now opening its doors to the “new normal” by investing...
Philippines expects GDP to shrink further in second half
The Philippines was expecting its economy to slump further in the second half of the year as the government’s quarantine measures continued to take...
Malaysia asks Singapore to reopen border
The Malaysian government is asking Singapore to allow its citizens to cross between the two countries daily for work. Malaysian Prime Minister Muhyiddin Yassin said...
IMF approves $356 million support for Myanmar
The International Monetary Fund (IMF) has approved a total of $356.5 million support for Myanmar as the country suffers from an ailing economy despite...
Thailand allows laborers to return to offshore jobs
The government of Thailand has allowed thousands of its citizens to return to work overseas as the coronavirus disease-2019 (COVID-19) subsided in some countries. The...
Philippine tycoon Eduardo Cojuangco Jr. dies at 85
Eduardo Murphy “Danding” Cojuangco, who rebuilt San Miguel Corporation (SMC)— one of the largest business empires in the Philippines, died on Tuesday. He was...
Philippines gets much-awaited ‘A’ credit grade
The Philippines has nabbed the much-coveted “A” credit grade, with the Japan Credit Rating Agency (JCR) upgrading the country’s rating to “A-” with a...
Philippines turns to online sellers for revenues
The Philippine government has set its sights on online sellers as the country scrambled for revenues amid the global pandemic. In a memorandum posted on...
ASEAN’s Huaren Titans Must Pay Their Dues Beyond COVID-19
In a recently leaked letter, Thai Prime Minister Prayuth Chan-ocha made an unconventional appeal to the kingdom’s so-called “five families” to do more for...
Thailand rejects cash aid proposal for civil servants
Thailand’s Ministry of Finance has junked a proposal to offer cash aid to 91,000 farming civil servants for supplementary income, arguing that they are...
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Thailand welcomes long-term tourists
Thailand on Tuesday has approved the entry of foreign tourists who will agree to undergo a 14-day quarantine. According to a report by the Bangkok...
ADB vows two-fold funding support for Indonesia
The Asian Development Bank (ADB) has committed to double its funding subsidy to Indonesia in a bid to support its economic recovery amid the...
Pilipinas Shell shuts down refinery amid global pandemic
One of the largest fuel producers in the Philippines is shutting down its sole refinery as the coronavirus pandemic continued to take its toll...