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Search Result for “Coronavirus”

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BUSINESS

Jobless rate down in Q2 as Covid-19 curbs eased

Reuters, Published on 26/08/2022

» Thailand's official unemployment rate in the second quarter dropped to its lowest since the Covid-19 pandemic began and should improve further as the economy recovers following an easing of restrictions, the National Economic and Social Development Council (NESDC) said on Friday.

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BUSINESS

China central bank cuts lending rates to boost economy

Published on 22/08/2022

» BEIJING: China's central bank on Monday cut benchmark loan rates in an attempt to boost an economy battered by the government's strict zero-Covid policy and a slump in the property market.

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BUSINESS

Flights to Hong Kong increased, but frequency still third of number to rival Singapore

Published on 21/08/2022

» HONG KONG: Major airlines such as Cathay Pacific Airways have scheduled 12% more flights to Hong Kong next month compared with July, but the frequency is still less than a third of rival Singapore.

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BUSINESS

Cuba authorises foreign investment in wholesale, retail

AFP, Published on 17/08/2022

» HAVANA: The Cuban government has announced it will allow foreign investment in domestic wholesale and retail trade for the first time in 60 years, in a move aimed at addressing critical shortages of goods.

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BUSINESS

China cuts rates as economic recovery weaker than expected

AFP, Published on 15/08/2022

» BEIJING: China's central bank slashed key interest rates Monday in a bid to kick-start the country's stuttering economic recovery as data showed factory output and retail sales for July came in weaker than analysts' expectations.

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BUSINESS

Tourism-reliant economy likely gathered pace in Q2

Reuters, Published on 12/08/2022

» BENGALURU: Thailand's economy likely grew at its fastest pace in a year last quarter, thanks to increased tourism as pandemic curbs eased, but the high cost of living and a slowdown in China pose threats to the outlook, a Reuters poll showed.

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BUSINESS

China tourism hit as Covid cases rise in popular locales

Published on 11/08/2022

» HONG KONG: Some of the most popular travel destinations among Chinese tourists are seeing a resurgence in coronavirus cases, sapping away some of the summer fun just as the industry was recovering in the warm holiday-travel months.

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BUSINESS

US inflation eases in July amid falling oil prices

AFP, Published on 10/08/2022

» WASHINGTON: US inflation eased slightly in July, according to official data Wednesday, potentially taking pressure off the Federal Reserve to hike interest rates sharply while bringing a much-needed boost to President Joe Biden just months before crucial midterm elections.

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BUSINESS

Delayed Rohingya repatriation becoming a regional crisis

Asia focus, Published on 08/08/2022

» The future of the Rohingya people is not only a Bangladeshi issue, it is now a global issue. Bangladesh has been seeking the cooperation of regional countries and the United Nations to repatriate hundreds of thousands of Rohingya since they were first driven from Myanmar in 2017. But the results have not materialised, and the security risk is growing.

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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.