YANGON – Myanmar’s fisheries sector are suffering from its largest loss in history as demand has been impacted by the covid-19 pandemic, says  secretary of the Myanmar Fisheries Products Processors & Exporters Association (MPEA) U Myo Nyunt. “Exports have collapsed. All international orders have been cancelled and we have not received any new orders from the European Union (EU) since …

The new exemption from the Companies Act 2016, which gives distressed firms ample flexibility to settle their loans, is a step embraced by the sector because it offers a breathing room for enterprises. However, experts said that more immediate intervention is required to support businesses, such as the provisional Covid-19 law, similar to the one introduced in Singapore. A legislation …

DKI Jakarta Governor Anies Baswedan issued a regulation on the imposition of sanctions against violators of Large-Scale Social Restrictions (PSBB) during the coronavirus pandemic. The regulation was stipulated in DKI Jakarta Governor Regulation (Pergub) No. 41 of 2020 concerning Imposition of Sanctions for Violating PSBB Implementation in Handling Corona Virus Disease 2019 (Covid-19) in DKI Jakarta Province. This regulation was …

Commission C of the DKI Jakarta Regional House of Representatives (DPRD) has scheduled a meeting with all Regionally Owned Enterprises (BUMD) on Monday, May 11, related to the discussion of budget reallocation that was not running or absorbed this year. “The budget will be used to overcome Covid-19 in DKI,” said Finance Commission Member, S. Andyka when contacted on Monday, …

It is undeniable that the coronavirus (Covid-19) pandemic has a huge impact on people’s lives, including the economy in Indonesia. The business world was devastated by this pandemic. The Indonesian Chamber of Commerce and Industry (Kadin) said the number of unemployed due to the corona pandemic reached more than 10 million. The figure is calculated from the number of employees …

Schools become one of the facilities that must be closed because of the coronavirus pandemic. Acting Deputy for Task IV of the Presidential Staff Office for Political Communication Jury Ardiantoro emphasized that the decision to open a school in the center of the corona was in the hands of President Joko “Jokowi” Widodo. “The president will decide based on input …

DAVAO CITY – Mindanao’s first and only five-star hotel founded by the family of Finance Secretary Carlos Dominguez III announced hat it was indefinitely suspending operations because of the impact of the Coronavirus disease pandemic. “All of you have been the core and our partners in building Marco Polo Davao. The owners and management will forever be grateful for your …

PT Pindad (Persero), an Indonesian state-owned enterprise specializing in military and commercial products, currently producing ventilators to combat Covid-19 pandemic. Pindad sells its ventilators at an affordable price so medical workers will be able to conduct treatment for Covid-19 patients. Deputy Secretary of PT Pindad’s Corporate Secretary, Herryawan Roosdyanto said that the ventilator that Pindad is currently developing is the …

In the midst of the COVID-19 pandemic, people were shocked by the surge in PLN electricity bills. Public complaints through the Twitter account of PLN @pln_123 earlier this month, complaining about a significant increase in their electricity bill up to 90 percent. This unusual increase was experienced by postpaid electricity customers. The average electricity consumption of the community has indeed …

SINGAPORE – The Ministry of Health (MOH) has registered 741 new coronavirus infections, taking the total cases to 20,939. Out of these cases, majority are involving foreign workers residing in dormitories and five Singaporeans and permanent residents More than 50 clusters were linked to the foreign workers living in dormitories. Out of 323,000 migrant workers living in dormitories, 17,757 has …