Wednesday, July 15, 2020
Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/Insead survey found, with some two-thirds of the firms polled flagging a worsening Covid-19 pandemic as the biggest risk over the next six months.While the pandemic’s initial impact was reflected in...
AirAsia Group is spreading its wings into the agriculture industry with the launch of agriculture business-to-business (B2B) e-commerce platform Ourfarm. AirAsia group chief executive officer Tan Sri Tony Fernandes said Ourfarm connects farmers and fishermen directly to businesses, especially in the food supply like restaurant and food truck to...
Singapore scientists testing a Covid-19 vaccine from US firm Arcturus Therapeutics plan to start human trials in August after promising initial responses in mice. More than 100 vaccines are being developed globally, including several already in human trials from the likes of AstraZeneca and Pfizer, to try...
The Indonesian government has teamed up with e-commerce platform Lazada Indonesia to advance its partnerships with digital platforms to meet its target of pushing 2 million small and medium enterprises (SMEs) to go digital this year. The Cooperatives and SME Ministry and Lazada Indonesia today launched a...
Malaysia Digital Economy Corporation (MDEC) welcomes foreign digital investments into the local market with the gradual reopening of economic sectors in Malaysia. Chief executive officer Surina Shukri said MDEC recently submitted a proposal to the Economic Action Council on efforts to accelerate the growth of the country’s digital economy post-Covid-19,...
British drugmaker AstraZeneca Plc said it has signed a contract with Italy, Germany, France and the Netherlands to supply Europe with a vaccine against the coronavirus, with deliveries starting by the end of 2020. The contract is for up to 400 million doses of the vaccine, developed by the...
Indonesian consumers grew deeply pessimistic in May as the COVID-19 pandemic-related layoffs eroded people’s confidence in the economy. A Bank Indonesia (BI) survey showed that the consumer confidence index (IKK) has dropped to its lowest level in nearly 15 years, weighed down by negative perceptions of the...
US consumer sentiment perked up in early June as households cheered the reopening of businesses and a surprise rebound in hiring, though they did not expect a significant improvement in the economy amid fears of a resurgence in COVID-19 infections. The survey from the University of Michigan is broadly in...
Minister of Human Resources, Datuk Seri M. Saravanan said the Ministry is committed to assist the reemployment of local job seekers who have been terminated following the COVID-19 outbreak. He said in a statement today that the government would implement several initiatives to help sustain the economy...
A joint survey conducted by the Japanese Chamber of Trade and Industry Malaysia (Jactim) and the Japan External Trade Organisation (Jetro) showed that most Japanese companies operating in Malaysia are likely to maintain status quo on their investment in the next one to two years, with some planning after...
China has unveiled a package of special policies for Hainan, including scrapping import duties, in an effort to turn the tropical island into the mainland’s answer to Hong Kong or Singapore and dampen the risk of decoupling with the United States.Beijing on Monday outlined its plan to...
All secondary schools in Malaysia, which closed mid-March due to the movement control order (RMCO), can resume operations for certain students starting June 24. Education Minister Dr Mohd Radzi Md Jidin said that students who are candidates of public exams, as well as international exams of the...

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