Everyone knows that competition at the top is always the hardest. The world leaders in entrepreneurship rankings now have a new competitor: Kazakhstan, as the World Bank announced that Kaza ... ( read original story ...)
Seawater seeping into decaying oil tanker off Yemen coast
Houthi rebels are blocking the United Nations from inspecting an abandoned oil tanker moored off the coast of Yemen loaded with more than 1 million barrels of crude oil. ( read original story ...)
Road to peace in Afghanistan is to end war, says AHMADZAI
The American government and the Taliban signed a peace accord early this year. During this time, commitments to ending the ... ( read original story ...)
Samsung group heir should not be indicted, South Korea panel recommends
An outside panel in South Korea recommended that prosecutors should not indict Samsung Group heir Jay Y. Lee over a 2015 merger and alleged accounting fraud, the Supreme Prosecutors' Office said on ... ( read original story ...)
NokScoot goes out of business
Thai Airways International, now under bankruptcy protection ... There had been speculation that the company would exit the business after it announced employee layoffs. NokScoot will return three ... ( read original story ...)
Thai central bank allows non-banks to apply for FX e-money licenses
Thailand's central bank said on Friday it has allowed non-bank operators to apply for foreign exchange e-Money (FX e-Money) licenses from June 26, to enhance ease of doing business and foreign ... ( read original story ...)
Philippines to Repatriate Remains of Workers Who Died From Covid in Saudi Arabia
The Philippines will bring home early next month the remains of 152 migrant workers who died of Covid-19 in Saudi Arabia, the Southeast Asian nation’s Labor Department said Friday. ( read original story ...)
Stocks rise despite Fed warning over $700bn in Covid-19 loan losses – business live
Kalyeena Makortoff The Chancellor also told Bloomberg that there will be strings attached to any bailouts linked to the Covid-19 crisis. The bar for companies accessing taxpayers’ support in a bespoke ... ( read original story ...)
DOF: Deadline for small business workers to claim subsidies until June 28
Beneficiaries of the Small Business Wage Subsidy program may claim their two-month cash grants only until this weekend from remittance outlets, the Department of Finance reminded on Friday. ( read original story ...)
Japanese face mask company Yokoisada to expand in Philippines
Corporation recently announced plans to expand its Philippine operations and double its current production capacity for face masks. It is also set to begin manufacturing nonwoven fabric and earloop ... ( read original story ...)