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BANGKOK (AP): Factories and stores are reopening, economies are reawakening - but many jobs just aren’t coming back. From restaurants in Thailand to car factories in other parts, many livelihoods have fell victim to a virus-driven recession that’s accelerating decline in struggling industries.
MARSTON, Missouri (Reuters) - The residents of New Madrid County cheered in 2018 when a bankrupt aluminium smelter that rises over the Missouri region’s vast farm fields restarted operations and hiring, thanks to aluminium tariffs levied in President Donald Trump’s trade war.
THE iconic Central Market in Jalan Hang Kasturi, Kuala Lumpur, will be closed for the three months from Monday (June 1) to enable the management to carry out upgrades and renovation works, a spokesman from the company announced.
AGAINST a highly challenging global economic outlook, a global recession looks imminent. The Malaysian economy is expected to see a contraction of -2% at its worst and growth of 0.5% at its best in 2020, compared with 4.3% in 2019.
PETALING JAYA: Cabbies whose driver’s card have expired should renew the document so that they can receive the one-off government aid of RM600 each, says Transport Minister Datuk Seri Dr Wee Ka Siong.
PETALING JAYA: Taxi drivers whose driver cards have expired should renew the document in order to receive the one-off government aid of RM600 each, says Datuk Seri Dr Wee Ka Siong.
MANCHESTER, England (Reuters) - Premier League club Sheffield United said on Thursday there had been no change to their Saudi ownership despite filings which suggested Prince Abdullah bin Mosaad bin Abdulaziz Al Saud had given up control.
MOSCOW (Reuters) - Crimean hostel owner Natalia Kirichenko has given up hope of hosting guests this summer as the coronavirus outbreak threatens to ruin the economy of the tourism-dependent region that Russia annexed from Ukraine in 2014.
It’s no surprise to hear that retailers’ online sales are surging through the coronavirus pandemic. But would you guess that for some of the biggest winners, it’s their physical stores that gave those sales a boost?
MANILA (Philippine Daily Inquirer/ANN): Tycoon Lucio Tan poured in at least P15.2 billion (US$300mil) into Philippine Airlines, making it safe from immediate bankruptcy, according to PAL president Gilbert Santa Maria.