Friday, January 22, 2021

The Return of MCO

Many people’s worst fears have come true as Malaysia’s Prime Minister Muhyiddin Yassin announced the reinstatement of the movement control order (MCO) lockdown measures. Fortunately, this reinstatement only covers select states and federal territories that have experienced the worst of the resurgent Covid-19 outbreak. The remaining states will continue...
Malaysia has done relatively well in containing the spread of the Covid-19 coronavirus. However, a recent surge in cases has brought with it new concerns. It is now very much a possibility that the country may see a return of the strict movement control order (MCO) lockdown which caused...
The Covid-19 pandemic brought with it economic ruin; and in turn, businesses began taking a more cautious approach, resulting in a slowing economy and stagnant growth. During such a poor economic climate, most might say it is insanity to try and expand, especially if you are an SME that...
Telehealth services and its operators, which allow patients to consult with medical staff and professionals virtually, are riding a huge surge in demand within the ASEAN nations as the Covid-19 pandemic continues to push the healthcare sector online. In countries such as Thailand, Indonesia, and Singapore, telehealth services has seen...
The Malaysia Convention and Exhibition Bureau (MyCEB) has said that it is currently in the midst of devising a proposal to reopen the country’s borders to delegations coming for business events from neighbouring countries. In a bid to stimulate and revitalise the business events industry and economy, it said the...
As we approach the finishing line of 2020, it is becoming more apparent who the biggest winners and losers are within the business world. Despite everything which has happened, certain unexpected industries have come out on top, while many other obvious choices have been hit hard. IBIS, an industry research...

Luring Locals With Luxury

As the holiday season approaches its peak, the Thai capital of Bangkok remains unusually devoid of the bustle of tourists. As the pandemic keeps foreign tourists away, the city's five-star hotels are slashing rates and offering added perks to entice domestic customers. Big names, such as a Marriot in downtown...
Singapore’s Prime Minister Lee Hsien Loong has recently announced that the nation has approved the Pfizer-BioNTech coronavirus vaccine. This means that Singapore will be the first country in Asia to receive the US developed shot. Lee says that the first of the doses are due to arrive later in December,...
By now, everyone has head the same old story. Covid-19 has caused unprecedented economic damage to the entire world, supply chains have been disrupted, nations are experiencing poor growth, et cetera. However, amidst the turmoil, there is a shining star that serves as excellent example. This star is Vietnam,...
With the economic disruption caused by the Covid-19 pandemic and subsequent lockdowns, continuous growth and expansion might be the last thing on the minds of companies and business owners. However, the truth is often surprising. Rather than hunkering down until the economic crisis blows over, four in five financial...
One can often look at corporate earnings as a sort of measure to judge how well an economy is doing, among other indicators. With corporate earnings in the third quarter ending on 30 September 2020, we can finally have a general idea on how businesses are coping with the...
Due to a rising number of Covid-19 cases in Hong Kong, the launch of the much anticipated travel bubble between Singapore and Hong Kong has been delayed further. The Civil Aviation Authority of Singapore (CAAS) said in a statement on 1 December that both cities have agreed to defer...