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Thailand’s economy was already sickening

OUTSIDE China, Thailand has the largest number of patients infected by the novel coronavirus. Unfortunately, the export-reliant US$500bil economy, South-East Asia’s second-largest, was sickly even before the outbreak of the pneumonia-like illness. That reflects simultaneous blows from the Sino-US trade war, the worst drought in decades and a stubbornly strong currency. Add in Beijing’s newly imposed restrictions on Chinese travellers, who account for the lion’s share of arrivals, plus the knock-on effect on other tourists, and a recession begins to look imminent.

Home caregiving services platform goes to Penang

ON-DEMAND home caregiving services platform Homage has expanded into Penang following its launch in the Klang Valley region a year ago.