PETALING JAYA: Business groups are hoping that Malaysia will follow Indonesia’s lead and encourage companies to buy Covid-19 vaccines for their workers in an effort to boost the economy. Indonesia, which intends to vaccinate 70% of its population (181.5 million) by the end of the year to achieve herd immunity, revealed last week a health ministerial rule allowing businesses to …

The Covid-19 task force of Thailand agreed to loosen restrictions across the country to allow companies and schools to restart operations in most regions as the largest coronavirus wave to reach the nation eased. A panel meeting, chaired by Prime Minister Prayut Chan-o-cha, welcomed a proposal to reduce the number of provinces designated as high-risk areas to five from 28 …

METRO MANILA – President Rodrigo Duterte said that he will not terminate Chinese contractors who are currently involved in Philippine infrastructure projects, despite proposal from the nation’s top diplomat to end the deals with Chinese companies involved in South China Sea reclamation. President Duterte said that it will not follow the United States’ move to blacklist the Chinese firms as …

The observation for the status of employment in Malaysia is still on going. Approximately two-thirds of Malaysian companies claim they did not have any profits in the MCO era, a survey reveals. According to Department of Statistics Malaysia (DOSM), 67.8% of the firms that participated in the survey said they had not taken in any revenue during the MCO. Two-thirds …

To prevent coronavirus disease from spreading following exposure of the country’s top economic officials to COVID-19 patients, the Department of Finance (DOF), Bangko Sentral ng Pilipinas (BSP), the Government Service Insurance System (GSIS) and the Asian Development Bank (ADB) temporarily suspended operations on Thursday to disinfect their facilities. Finance Secretary Carlos G. Domínguez III said the DOF building in Manila …