Tuesday, September 28, 2021
Malaysia has announced that it will go into full lockdown for a fortnight, following a surge in COVID-19 cases. The total lockdown under the Movement Control Order (MCO) will begin on 1 June until 14 June. All economic sectors will not be allowed to operate, except essential economic and service...
An easy-to-use breath test that can accurately detect COVID-19 within a minute has received provisional authorisation from Singapore’s Health Sciences Authority (HSA). Developed by Breathonix Pte Ltd, a spin-off company from the National University of Singapore (NUS), the BreFence Go COVID-19 Breath Test System is the first breath analysis...
Japanese Economy Minister Yasuhisa Nishimura crossed wires, via Kyodo News, while boosting chatters over the return of the coronavirus-led emergency in the Asian major economy. ''The Japanese government plans to put Tokyo and three western prefectures of Osaka, Kyoto and Hyogo under a state of emergency from Saturday to May...
70 percent of businesses in Malaysia plan to make COVID-19 vaccinations mandatory for their staff, a new survey has found. HR tech firm Employment Hero conducted a survey of more than 1000 Malaysian employers examining the impact of COVID-19 on business owners and employees. Of all the countries surveyed on the...
As the COVID-19 vaccination program rolls on, many employers will have a strong case for requiring employee vaccinations. Currently, countries that have COVID-19 vaccination programs are on a voluntary basis - that is, countries cannot compel their citizens to be vaccinated. They can only 'strongly encourage' them. But can employers...
Popular bars across Asia are facing some tough times during the Covid-19 pandemic. Lockdowns and restrictions that have been instated by governments are squeezing alcohol sellers. Fewer drinkers, changing consumer tastes, tightening restrictions on alcohol and the pandemic is a sober reality for the industry. But companies have the chance...
Agriculture remains as a key part of the Malaysia’s economy and export output. Thanks to the Covid-19 pandemic which has plagued the majority of 2020, the adoption of more efficient technology has been at the forefront of the sector. As such, the agriculture and plantation sector is expected to...
Demand for cars and vehicles are on track to a great recovery as demand is rising across the industry. However, not everything is as sunny as it seems on the surface. Reports have been coming in from various parts of the auto industry regarding huge shortages in computer chips, which...
China's public and private sectors are set to spend 10.6 trillion yuan (US$1.6 trillion) through 2025 to develop next-generation infrastructure, including the 5G network and electric-vehicle charging stations. This is especially important for the economic juggernaut as trade friction with the US looks likely to continue despite the change...
E-commerce platform, Lazada Malaysia, has channelled approximately RM44 million with the goal of helping more than 70,000 SMEs through its second stimulus package; dubbed Pakej Kedai Pintar 2.0. Lazada’s first stimulus package was implemented in April 2020, contributing RM10 million to help up to 50,000 SMEs. This new package is...

APAC on the Road to Recovery

The economic situation in Asia Pacific (APAC) is expected to improve greatly this year, supported by the gradual recovery of economic activities, given the early containment of the pandemic in several Asian economies, said Moody’s Investors Service. With the region being relatively close to ground-zero for the coronavirus, neighbouring...
Malaysian Prime Minister Muhyiddin Yassin has just announced a new economic aid package worth up to RM15 billion (US$3.7 billion) on 18 January in an effort to mitigate the effects of a resurgent Covid-19 pandemic. The package was revealed in a televised address and is known as PERMAI, or the...

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