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...

Singapore to reopen economy next month

Singapore is officially opening up its economy next month, albeit such a plan will be done so in phases, according to the multi-ministry task...

‘Thai Airways to seek rescue from bankruptcy court’

Flag carrier Thai Airways International Public Co. Ltd., still reeling from a series of net losses for three consecutive years, is now filing a...

ASEAN to focus on virus outbreak; set aside visa talks ‘for now’

Members of the Association of Southeast Asian Nations (ASEAN) are not yet keen on bringing to the table any talks about visa exemptions and...

AirAsia Group retains workforce despite low travel demand

Malaysian carrier AirAsia Group Bhd was poised to retain all its employees in the wake of the global coronavirus outbreak that has severely damaged...

Philippine economy to slow to 2% — ADB

The growth of the Philippine economy is likely to be sharply tempered this year, weighed by the effects of the enhanced community quarantine to...

How ASEAN’s water scarcity will exacerbate the Covid-19 crisis

While the world’s attention is squarely focused on Europe as the global epicentre of the coronavirus epidemic, Southeast Asia is also well on track...

Philippines to gain from global oil price drop: Oxford Economics

Lower global oil prices would partially offset the adverse impact of the COVID-19 pandemic on the Philippine economy, UK-based Oxford Economics said. “Under the current period of...

Cambodian government earmarks up to $2 billion for COVID-19 economic fallout

Cambodian Prime Minister Hun Sen on Tuesday said the government had set aside between $800 million to $2 billion to cushion the economic blows from...

Myanmar businesses call for central bank intervention

Faced with the COVID-19 outbreak and an appreciating currency, the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) has requested the republic’s...

Stay connected

10,344FansLike
773FollowersFollow

Latest article

Singapore, Hong Kong defer ‘travel bubble’

Singapore and Hong Kong have put off a plan to introduce a travel bubble amid the latter’s sudden spike in the number of coronavirus...

RCEP—world’s largest free-trade pact—’signed’

Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade...

Temasek offers $600-million rescue to Singapore shipping giant

Singapore-based Temasek Holdings Inc. stepped in as a white knight for financially-strapped Pacific International Lines (PIL), offering the latter worth $600 million of rescue...