Countries throughout the world have been suffering from the economic devastation brought about by the Covid-19 pandemic. Even as the world recovers, new waves of the coronavirus has begun threatening nations that have only just begun to get back on their feet.
However, Vietnam is shaping up to be Southeast...
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...
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...
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...
More than 80 percent of China's SMEs are facing cash flow problems, according to a report issued by Fudan-Ping An Research Institute for Macroeconomy under Ping An Digital Economic Research Center and the School of Economics, Fudan University.
SMEs in China have always faced issues with financing, and the COVID-19...
2020 has not been kind to businesses around the world. With the exception of a handful of industries, sales and revenue have been in decline; thanks to the Covid-19 pandemic. The retail industry in particular has been hit rather hard. The global retail industry will suffer a 3.5 percent...
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...
The Malaysian government is looking into relaxing restrictions for those who are fully vaccinated, including allowing people to travel or dine at restaurants, says Prime Minister Muhyiddin Yassin.
Tan Sri Muhyiddin said this is part of the national recovery plan as the country gradually adjusts towards returning to normal life.
"I've asked for...
With the COVID-19 pandemic keeping people indoors, It comes as no surprise that smartphone and computer usage has skyrocketed in the past few months. According to Statista, up to 70 percent of internet users worldwide has reported an increase in their mobile or smartphones amidst the pandemic.
As anxieties surrounding...
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...
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...
It has been reported that up to 43,206 Malaysian entrepreneurs in various business sectors have benefitted from Tekun Nasional’s financing, which comes in at a value of RM451.36 million since the start of the Covid-19 pandemic in March of this year.
Another agency under the Ministry of Entrepreneur Development and...
