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HONG KONG (The Straits Times/ANN): Hongkongers have gone on a spending spree after two months of being cooped up at home, although it's not clear if this will be enough of a lifeline to the city's retail, and food and beverage (F&B) sectors, which remain among the worst hit by the Covid-19 pandemic.
Country banks on cash handouts to pandemic-hit citizens
BANGKOK (The Nation/ANN): The government's plan to hand out payments of Bt3,000 to 15 million people will boost economic growth in the fourth quarter by an estimated 1-1.5 per cent, according to Thanavat Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC).
BANGKOK, Sept 8 (Reuters): Thailand's cabinet on Tuesday approved measures to create jobs, the prime minister said, as the government tries to revive an economy devastated by the coronavirus pandemic.
BANGKOK, Sept 4 (Bernama): The Thai government plans to spend 45 billion baht (about US$1.4 billion) on cash handouts to 15 million people affected by the economic fallout caused by Covid-19, which is expected to boost domestic consumption.
BANGKOK: Thailand announced on Wednesday 68.5 billion baht (US$2.2bil)worth of fiscal stimulus in cash handouts and job measures to support Southeast Asia's second-largest economy which has been battered by the coronavirus pandemic.
The choppy waters are not behind us yet, but Malaysia is on course for economic recovery, says Tok Pa who has had experience helping the nation navigate through difficult economic times. Our economy has steadily improved in the last two months and is set for further revival, says the minister in charge of economic affairs.
A UNICEF-UNFPA study reveals that low-income urban families in Malaysia want to be able to earn a living for themselves and live with dignity.
KUALA LUMPUR: Women and children, especially those from low-income urban households, have been the most negatively impacted by the Covid-19 pandemic and need support urgently, a study by two United Nations bodies found.