Showing 1 - 10 of 10
Businesses urge relaxing lockdown to stem job losses
Phusadee Arunmas, Published on 11/05/2020
» The private sector is calling on the government to continue easing its lockdown measures to allow other businesses, particularly those related to tourism and supply chains, to restart to curb escalating unemployment.
PTT books losses, cuts investment
Reuters, Published on 11/05/2020
» PTT Plc, the country's largest oil-and-gas company, said on Monday it planned to cut investment by up to 15% after booking quarterly losses due to a sharp drop in oil prices and weak demand for petrochemicals amid the coronavirus outbreak.
Covid to cost 71,700 overseas Filipino workers their jobs
Bloomberg News, Published on 11/05/2020
» The Philippines expects 45,000 overseas workers to return home in May and June, adding to the 26,700 that have already been repatriated after losing their jobs due to the pandemic.
India reopens economy but millions of workers stay home
Bloomberg News, Published on 11/05/2020
» When Bharat Gite reopened his aluminium parts factories in India’s western city of Pune, he spent days servicing idle machines, sanitising his premises and putting in place social distancing norms for staff.
Stocks rally as restrictions are eased and death rates drop
AFP, Published on 11/05/2020
» HONG KONG: Asian equity markets rallied Monday as traders looked past a staggering jump in US job losses to focus on governments easing their virus lockdown measures and data showing the rate of deaths falling in some of the world's worst-hit countries.
Indonesia drafts $1 billion rescue package for flag carrier
Bloomberg News, Published on 11/05/2020
» Indonesia is finalising a $1 billion financial bailout plan for its flag carrier to help it stave off a debt default after the coronavirus crisis forced the airline to ground most of its planes.
NZ media giant makes $1 bid for rival
AFP, Published on 11/05/2020
» WELLINGTON: New Zealand media giant NZME launched a symbolic NZ$1.00 (US$0.61) takeover bid for rival Stuff Limited on Monday in the latest effort to consolidate the country's news industry during the coronavirus-induced downturn.
US VP Pence not in quarantine: spokesman
AFP, Published on 11/05/2020
» WASHINGTON - US Vice President Mike Pence is not in quarantine and has tested negative to COVID-19, his spokesman said Sunday, after a close aide was confirmed to have been infected.
Despite White House virus cases, top aides defend reopening
AFP, Published on 11/05/2020
» WASHINGTON: Two top US economic advisers on Sunday defended the need for an expeditious reopening of the economy even as the coronavirus reached into the White House despite the extraordinary precautions taken there.
Division threatens Premier League's chances of comeback
AFP, Published on 11/05/2020
» LONDON: Warring Premier League clubs will meet on Monday with tensions mounting over the divisive 'Project Restart' plan to finish the season amid the coronavirus crisis.