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KUALA LUMPUR: The National Economic Recovery Plan (Penjana) is the government's commitment to suport businesses in restarting their operations following the economic shutdown.
NEW YORK: The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face a longer recovery as the economy slowly rebounds from the coronavirus shutdowns.
THE Penang government has come up with a Tourism Recovery Action Plan - with immediate, short-term and long-term plans mapped out to help the tourism industry recover from the impact of the Covid-19 pandemic.
CLAIMING to have lowered Covid-19 transmission rates, Jakarta has decided to ease large-scale social restrictions (PSBB) as they extend to the end of June, though the capital is fully aware of the risks of a potential rebound in the number of new cases.
NEW YORK: America’s labour market unexpectedly rebounded in May, signalling the economy is picking up faster than thought from the depths of the damage from the coronavirus pandemic.
HONG KONG has become a centre of global attention again after China’s National People’s Congress (NPC) adopted a piece of new security legislation for this Asian financial centre to stop unduly demonstrations and violent riots that have hurt its economy and people’s livelihood.
HONG KONG: Equities rallied again on Friday (June 5) on optimism over the easing of lockdown measures, massive stimulus and signs that the worst of the global economic downturn may be over.
HONG KONG (AFP): Investors took a breather in Asia on Friday (June 5) after rallying through the week on optimism over the easing of lockdown measures, massive stimulus and signs that the worst of the global economic downturn may be over.
Baidu’s self-driving car business has gone seven years without making money; it says it’s ready to stick with it for seven more
Since it started developing self-driving technologies in 2013, Baidu has yet to make money from autonomous driving. The company is committed to continuing to invest in the sector for at least the next seven years, the head of its autonomous driving unit Apollo says.