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Posted on May 22, 2020

‘Back to Square One:’ Saudi Arabia’s Double Crisis Hits Home

It’s only over the past month that the full extent of the damage sank in for Saudi businesses. Hit simultaneously by plunging crude prices and coronavirus shutdowns, the non-oil …

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Posted on May 22, 2020

Coronavirus: Myanmar, Thailand and Laos stay flexible as businesses reopen with conditions

Walk into a mall in Bangkok now and you will be asked to scan a QR code and key in personal details on a web platform for contact tracing. Enter a shop in the same mall and you will have to go through …

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Posted on May 22, 2020

Turkey-UK trade may reach $20B, business leader says

British officials aim to boost bilateral trade with Turkey to up to $20 billion by 2023, a top Turkish business leader said. Bilateral trade valued $16.3 billion last year, …

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Posted on May 22, 2020

How Vietnam Controlled the COVID-19 Pandemic and Reassured Businesses

The effective response had reassured business based in the country and Vietnam’s economy will be bounce back after Covid19 …

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Posted on May 22, 2020

IFALPA: Global Pilots on Pakistan International Airlines Flight PK-8303

The International Federation of Air Line Pilots’ Associations (IFALPA) is closely monitoring the developments related to this morning’s tragedy of PIA …

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Posted on May 22, 2020

A passenger plane carrying 107 people has crashed near an airport in Pakistan

Pakistan’s aviation authority told the BBC that 107 people were on board. © Provided by Business Insider Singapore The mayor of Karachi, cited by several media outlets, said at the scene of the crash …

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Posted on May 22, 2020

India Plans Scrutiny of New Portfolio Investors From China, Hong Kong: Sources

India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong Kong, three government sources told Reuters, its latest effort to check foreign inflows …

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Posted on May 22, 2020

From The US To India, The Gig Economy Job Cuts Went Even Deeper This Week

It was another tough week for gig economy companies with thousands of jobs cut once again, showing that the impact of Covid-19 lockdowns are far from abating. Uber laid off a further 3,000 workers …

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Posted on May 22, 2020

Ethics question raised over transportation secretary’s ties to family business and China

New reporting from The New York Times is taking a look at Transportation Secretary Elaine Chao’s connections to China, through her family business. New York Times investigative reporter Eric Lipton …

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Posted on May 22, 2020

Stocks Tumble on China Crackdown Worries: Live Business Updates

Mr. Li’s report said China would ramp up government spending by $140 billion to stir growth, plus issue a similar amount on bonds for coronavirus recovery efforts. While significant, the spending …

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