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The Asian Affairs > Latest News > Business

Tag Archives: Business

Choosing the right product is important in trade show
ASEAN News

Common mistakes that entrepreneurs make putting together Trade shows

By The Asian Affairs
May 5, 2020
in :  ASEAN News, Thailand

Many companies from various types of industries take advantage of trade shows to increase engagement, especially if they have products or services that require experiential treatment. Trade show marketing is a platform that allows brands to showcase and demonstrate their products and services. It comes in the form of exhibitions, trade shows, events, etc. Trade Shows Trade shows are commonly …

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PhilHealth withdraw the memorandum of increase rates in the premium contribution of OFW
ASEAN News

300,000 sign online petition on higher Philhealth rates in OFWs

By The Asian Affairs
May 4, 2020
in :  ASEAN News, Philippines

Metro Manila – An online petition from several authorities and groups urging the Philippine Health Insurance Corporation (PhilHealth) to withdraw the memorandum of increase rates in the premium contribution of overseas Filipino workers (OFWs) has received some 300,000 signatures. According to the memorandum, OFWs with income amounting between ₱10,000 and ₱20,000 will be required to pay 3 percent of their …

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Malaysia Economy slows down
Economy

Covid-19: Businesses grapple with the effects of MCO

By The Asian Affairs
April 27, 2020
in :  Economy, Malaysia

KUALA LUMPUR – The COVID-19 global pandemic and the resulting Movement Control Order to contain the disease could potentially push people to become poorer in 2020. The COVID-19 global pandemic however benefitted the industry of e-commerce and companies selling masks, surgical gloves, ventilators, personal protective equipments and supplying boxes for food deliveries. On the downside, the effects of after almost …

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Airport staff wearing a protective face mask
Thailand

Businesses to return to normal with the appropriate measures and checking

By The Asian Affairs
April 21, 2020
in :  Thailand

The Public Health Ministry has come up with a plan on lifting restrictions on some businesses in 32 provinces, which will be submitted to the Centre for Covid-19 Situation Administration (CCSA) for consideration. Kamnuan Ungchusak, an adviser to the public health minister on the Covid-19 outbreak, said at a meeting with related agencies, it was agreed that the measures should …

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Coronavirus: Website of Malaysia's industry ministry crashes as eager traders flood servers
Malaysia

Govt’s Website encounters system failure due to overwhelming response

By The Asian Affairs
April 14, 2020
in :  Malaysia

PETALING JAYA – The official website of the International Trade and Industry Ministry (Miti) has temporary closed  due to a system crash on the first day of applications for business to operate during the Movement Control Order (MCO). The Ministry’s official website suffered a crash after its servers received over 100,000 applications from various businesses, causing massive overloading to the …

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Thailand

Minor group to close hotels in Bangkok due to epidemic

By The Asian Affairs
March 24, 2020
in :  Thailand

Minor is preparing to close hotels in Bangkok and at-risk areas around the country to limit the coronavirus outbreak, says William Heinecke, chairman of Minor International Plc. In an open letter to Prime Minister Prayut Chan-o-cha on Tuesday, he said the rapid outbreak is becoming the greatest threat to the global economy ever seen. Minor would like to support containment …

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Thailand

Airbnb loss of its capital due to Coronavirus

By The Asian Affairs
March 23, 2020
in :  Thailand

Airbnb Inc. is considering raising capital from new investors, as the home-sharing giant wrestles with escalating losses due to the devastating impact of the coronavirus pandemic on its global business, according to people close to the company. The pandemic has also thrown into disarray Airbnb’s plans to go public this year, and the company’s board and investors are divided over …

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Thailand

CP considers setting up US shrimp farm

By The Asian Affairs
March 6, 2020
in :  Thailand

Thailand’s billionaire Chearavanont family is considering setting up a shrimp farm in the United States, as President Donald Trump’s administration tries to curb America’s reliance on seafood imports. The agro-industrial arm of the family’s conglomerate, Charoen Pokphand Group, said it’s looking at several potential locations, including Florida, as well as other sites less prone to hurricanes. As much as 95% …

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Thailand

China’s business recovery from virus

By The Asian Affairs
March 6, 2020
in :  Thailand, World

Rising Chinese pollution levels measured from space are showing a gradual but uneven industrial pickup after the economic slowdown caused by the nation’s fight to contain the deadly novel coronavirus. Although the level of nitrogen dioxide (NO2) in China’s atmosphere has risen nearly 50% from Feb 17, it was still roughly 20% below the equivalent period last year, according an …

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Philippines

COVID-19 pushes PAL to make 300 employees redundant, restructure company

By The Asian Affairs
February 28, 2020
in :  Philippines

As part of a business restructuring plan, the flag carrier Philippine Airlines (PAL) has laid off 300 employees to handle losses suffered by travel restrictions on coronavirus-stricken destinations. PAL announced on Friday that PAL has introduced a “voluntary separation program for long-serving workers and a retrenchment process” which was completed on 28 February. The mass lay-off is part of the …

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