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Malta to reopen its airport on July 1
VALLETTA (Reuters) - Malta will reopen its airport to passenger flights on July 1, Prime Minister Robert Abela said on Sunday, as the Mediterranean island rolls back restrictions introduced in March to halt COVID-19 infections.
Indonesia processing requests for deep-sea mining waste disposal, says govt official
JAKARTA: Indonesian authorities are considering two companies' requests to dispose mining waste into the ocean, a senior government official said on Sunday (May 31), at a time of heightened sensitivity about the environmental impact of mining.
Foreigners allowed to enter Thailand on case-by-case basis
BANGKOK: Under the phase 3 of the lockdown relaxation in Thailand which begins on Monday (June 1), foreigners with work permits or permission from the Labour Ministry or other government agencies will be allowed to enter the country after registration, the Foreign Ministry has announced.
Indonesian govt wants Japan to join China-backed high-speed rail project
JAKARTA: The Indonesian Government on Sunday (May 31) is considering including Japan in Kereta Cepat Indonesia China (KCIC), an Indonesia-China consortium to develop the Jakarta-Bandung high-speed railway, as Indonesia seeks to expedite and expand the national strategic project, a senior minister has said.
Philippines gets more help in fight against Covid-19; China-backed AIIB approves US$750mil loan
BEIJING: Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Sunday (May 31) it had approved a US $750mil loan to the Philippines to help the country cope with the Covid-19 (coronavirus) pandemic.
An uphill battle for the Ringgit in coming week
KUALA LUMPUR: The year 2020 has been gloomy so far, with dark clouds expected to continue casting shadows as the Covid-19 (coronavirus) pandemic carved its devastating path through economies worldwide, leading many to come face-to-face with recession.
Website assures easier access to business in Laos, says Investment MInistry
VIENTIANE: The Ministry of Planning and Investment has launched a new version of its website, making it easier for investors to access important economic and business information. The website provides essential and comprehensive information needed by investors to start a business in Laos.
Investors eye consumer discretionary stocks as US reopens
NEW YORK: Investors are taking a closer look at the market’s consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector’s hardest-hit names.
Upbeat about the economy
Firebrand economist Paul Krugman feels that we have got a pretty good handle on the economics even though the Covid-19 crisis is really different from anything we've seen before.
‘Security law will keep HK stable’
GEORGE TOWN: The Hong Kong national security law can help maintain the country’s political and economic stability in the long run despite creating short-term tension and uncertainty, says Datuk Seri Cheah Cheng Hye (pic).