Tuesday, April 13, 2021
Asia’s airports at rock bottom as number of passengers plummets 95 per cent Asia’s airports have reached “rock bottom” almost four months into the Covid-19 pandemic, with the number of passengers at about 5 per cent of last year’s figures, the global airports’ representative has said. Airports Council International (ACI)...
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...
The government has subsidised about 30 per cent of salary payments for small and medium entrepreneurs (SMEs) during the Movement Control Order (MCO) to avoid retrenchment and reduce the number of people retrenched.Neil Foo, the Malaysian representative of the Asia-Pacific Economic Cooperation Small and Medium Enterprise Forum (APEC SME...
Many may be forgiven for not taking any chances during these uncertain times. The COVID-19 pandemic has done more than disrupt supply chains and ruin business. It has led to thousands of lay-offs and furloughs. It is no wonder that many potential new entrepreneurs are hesitant to leave behind...
It's not everyday you turn 70 - and when you do, it's a time for celebration. But when a colossus like the People's Republic of China turns 70, we should also take a moment to reflect and take stock. 70 years may seem like a long time. However, against the...
Manufacturing activity in China rebounded in May, driven by a jump in output as companies resumed production after the country's COVID-19 lockdown. The Caixin China General Manufacturing Purchasing Managers’ Index (PMI), which gives a snapshot of the country’s manufacturing sector, rose to 50.7 from 49.4 in April. A number above...
With the announcement that the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) will merge into the Value Reporting Foundation, the Malaysian Alliance of Corporate Directors (MACD) has come out with its support for the merger. Paul W Chan, president and co-founder of MACD said, "MACD...
The COVID-19 coronavirus has become a global issue that threatens to cripple the world’s economy and destroy businesses. As such, business continuity is one of the foremost discussed agendas of all organisations, regardless of their size and nature. COVID-19 has already brought much business to a complete stand-still. In this...
Malaysia is the 9th most complex country for multinationals to do business in globally, and the 3rd most complex in Asia, according to a new report by professional services firm TMF Group. The Global Business Complexity Index analyses key areas of business administration and compliance across 77 jurisdictions -...
Even before the COVID-19 pandemic hit, the adoption of technology and digitalisation was already ramping up. With the onset of the Industrial Revolution 4.0, companies and businesses had already realised the benefits of digitalisation and automation. However, a number of factors held back the digital progression of some companies. These...
Two of Japan’s largest regional banks have set their sights on the Southeast Asia region as a location for new offices to support client companies’ expansion into the region. The move will shift resources away from its existing network in London and Hong Kong. Gunma Bank, headquartered Northwest of Tokyo,...
Singapore closes borders to all Chinese travellers to stem spread of coronavirus Singapore will close its borders to all new visitors from mainland China, including foreigners who have been there within the past 14 days. It will become the first Southeast Asian country to do so in a bid to stem...

Follow Us

176,760FansLike
813FollowersFollow