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BANGKOK (The Nation/Ann): The Cabinet has approved compensation for employees of hotel and lodging businesses who are under the social security scheme for their loss of income either due to the government’s shutdown order or their employer’s decision to suspend operations.
SINGAPORE'S partial lockdown to contain the spread of the coronavirus could cost the economy about S$10 billion ($7 billion) in lost output, Maybank Kim Eng Research Pte. estimates.
TOKYO (Reuters) - The total number of Japanese novel coronavirus infections hit at least 5,002 on Thursday, NHK public broadcaster said, showing no signs of slowing despite a state of emergency being imposed this week on Tokyo and six other areas.
HONG KONG (Bloomberg): One of the main focuses of the latest stimulus package announced by the Hong Kong government is to help people keep their jobs and potentially create some as well, said convener of the Executive Council Bernard Chan.
SINGAPORE (The Straits Times/ANN): Ten businesses that do not provide essential services have been told to cease operations after they were found to have remained open during the circuit breaker period that began on Tuesday (April 7) and will go on until May 4.
GENEVA, AFP -- Global trade could plummet by a third this year due to the coronavirus pandemic, the World Trade Organization (WTO) said Wednesday, warning the deepest recession "of our lifetimes" could be on the horizon.
MANILA, April 9 (The Inquirer/ANN) - The Duterte administration’s chief economic manager said the extension of the enhanced community quarantine in Luzon would result in “zero to possibly negative 0.8-percent” growth in 2020“ for the Philippines.
SINGAPORE, April 9 (The Straits Times/ANN) - Employers are strongly urged not to resort to retrenchment or prolonged no-pay leave to manage business costs during the circuit breaker month, said the Ministry of Manpower (MOM) in an advisory this week on salary and leave arrangements.
SYDNEY: Thuy Pham has run two jobs for much of her working life, and a little over two years ago all that effort paid off when she realized a dream of buying her own home.