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WORLD

Indonesia should 'prepare for the worst'

Reuters, Published on 19/03/2020

» JAKARTA: Indonesia is likely to have a far higher number of coronavirus cases than it has reported due to low levels of testing and needs to consider tougher measures like lockdowns, the head of the country's Red Cross told Reuters.

LIFE

Apple limits online iPhone purchases

Reuters, Published on 20/03/2020

» SHANGHAI: Apple Inc is limiting customer purchases of iPhones over its online stores in many countries including the United States and China to a maximum of two handsets per person, checks on its website on Friday revealed.

WORLD

Taiwan 'electronic fence' leads wave of monitoring

Reuters, Published on 20/03/2020

» Governments around the world are combining technology and human efforts to enforce quarantines that require people who have been exposed to the virus to stay in their homes, but Taiwan's system is believed to be the first to use mobile phone tracking for that purpose.

BUSINESS

Bank of Thailand cuts key rate by 25 bps in special meeting

Reuters, Published on 20/03/2020

» The Bank of Thailand cut its key interest rate by 25 basis points to a record low of 0.75% in a special meeting on Friday, it said in a statement.

WORLD

Army patrols Malaysian streets as virus cases top 1,300

Reuters, Published on 22/03/2020

» KUALA LUMPUR: Malaysia deployed the army on Sunday to enforce a two-week curb on travel in a country that has the highest number of coronavirus cases in Southeast Asia, most of them linked to a mass religious gathering.

BUSINESS

February tourist arrivals slump 42.8% y-o-y

Reuters, Published on 23/03/2020

» Tourist arrivals in Thailand sank 42.78% in February from a year earlier after a 2.46% rise in the previous month, due to the coronavirus outbreak, tourism ministry data showed on Monday.

BUSINESS

February exports fall 4.47%, better than forecast

Reuters, Published on 23/03/2020

» Thailand's customs-cleared exports in February declined 4.47% from a year earlier, dragged down by lower shipments of cars and computers, the commerce ministry said on Monday.

THAILAND

Weeks after Korat massacre, Amnesty report describes conscript abuses

Reuters, Published on 23/03/2020

» Thai military conscripts face widespread violence and sexual assaults, Amnesty International said in a report on Monday, calling the abuse institutionalised and systematically hushed up by the hierarchy.

WORLD

Germany agrees €750bn relief package

Reuters, Published on 23/03/2020

» BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013.

BUSINESS

Bank of Thailand expands liquidity support to more fund types

Reuters, Published on 24/03/2020

» Thailand's central bank said it has expanded the scope of a facility set up to provide liquidity to mutual funds and it will now encompass all types of money market funds as well as daily fixed income funds.