Singapore Airlines grounds hundreds of planes, trims 96% of capacity
A total of 185 out of 196 aircrafts of the Singapore Airlines (SIA) will be grounded amid the intensified border controls worldwide in efforts...
Philippines mandates BPOs to settle “Work from Home” policies until March 29
Following the implementation of an enhanced community quarantine in the entire Luzon, including Metro Manila, the Philippine Government has ordered all Business Process Outsourcing...
Indonesia set to surge oil imports as global crude prices plunge
The Energy and Mineral Resources Ministry of Indonesia announced that it will increase the import volume of crude oil while the global prices remain low...
Malaysia maintains stock trading amid coronavirus lockdown
The Malaysian government and Bursa Malaysia have reiterated that they will not suspend the local stock exchange despite the implementation of lockdown in the...
Economists: Global market is already in recession due to coronavirus pandemic
American and European economic experts said that the recession in global economy is already here considering the deepening impacts of the coronavirus disease 2019...
Volkswagen hit with $34 Billion fine over diesel scandal; shares plan to shift to...
The world’s largest carmaker, Volkswagen, disclosed that it will spend a sum of $34.69 billion equivalent to 31.3 billion euros to pay fines and...
Japanese retail giant Uniqlo reopens stores in China
Fast retailing company, the owner of Japan’s Uniqlo, announced that it has reopened most of it stores in China, particularly those located outside the...
Gas station owner charged for $500M fraud scheme
The owner of a California-based gas station face charges for allegedly stealing around $500 million government funds to expand a biodiesel fraud scheme with...
Amazon becomes “go-to” e-commerce site amid coronavirus
As millions of people around the globe are urged to stay indoors to halt the spread of the coronavirus pandemic, American e commerce giant...
Japan and South Korea to continue discussions over export controls
During their marathon session last week, the governments of Japan and South Korea have both agreed to continue their talks about their ongoing trade...
