2 execs of Thai aviation industry resign amid coronavirus crisis
The president of Thai Airways and the director of Suvarnabhumi International Airport have separately tendered their resignation letters on March 12 as the coronavirus...
Australia wards off recession through $11 billion stimulus package
The Government of Australia has recently unveiled a stimulus package worth $11.4 billion (A$17.6 billion) designed to curb recession due to the economic impact...
Vietnam cuts gold prices due to decline in demand
While gold rates saw a plunge in the global market this week, the makers of the precious metal in Vietnam had to trim down...
Italy closes majority of businesses as coronavirus cases mount
All restaurants, bars, and non-essential company shops in Italy are forced by the government to shut operations following the World Health Organization’s declaration that...
Singapore to grant $10 million to San Diego pharmaceutical company for coronavirus vaccine
The Government of Singapore has awarded San-Diego based Arcturus Therapeutics a grant that could reach up to $10 million if it succeeds in creating a...
Grab PH suspends thousands of users over fraudulent activities
Ride-hailing giant Grab has banned 125,000 users in the Philippines who were found involved in fraudulent activities like creating multiple accounts, making frequent cancellations...
Tesla eyes building a Cybertruck factory in central USA
Tesla Inc. Chief Executive Officer Elon Musk said that he is searching for a site in the central United States that could serve as...
European banks allow delays in mortgage payments to soften coronavirus impact
In efforts to ease the economic blow of the Coronavirus Disease 2019 (COVID-19) in Europe, banks in Italy and the United Kingdom have announced...
Philippine government releases list of coronavirus-related travel bans affecting the country
As the number of confirmed coronavirus cases in the Philippines continues to rise, the national government has reiterated the travel restrictions it has imposed...
Dutch brewer Heineken invests US$183 million for Brazil plant expansion
Heineken NV has embarked on an 865 million reais (US$183.14 million) expansion of its Ponta Grossa brewery in Brazil in a bid to ramp...
