Press Releases -> Business / Economy Syndicate content

Apr 04, 2020

Agribusiness is critical to economic development. In Asia and the Pacific, it can provide opportunities for women to find good jobs earning decent salaries. ADB partners with agribusiness companies like Hasfarm Holdings, Southeast Asia’s leading flower company, to open up new career paths for women.

Apr 01, 2020

FRANKFURT, Germany -- Robots play an important role in fighting the coronavirus SARS-CoV-2 around the globe. Disinfection robot UVD for example has been in high demand since the outbreak of COVID-19 pandemic. Chinese hospitals have ordered more than 2,000 UVD robots by Danish manufacturer Blue Ocean Robotics. They...

Mar 31, 2020

The World Bank’s East Asia and Pacific Economic Update, April 2020, illustrates the damage down by the coronavirus on Southeast Asia’s economies
Asia-Pacific’s emerging economies are facing a sharp slowdown in growth this year and regional GDP could even contract if the impact of the coronavirus outbreak is...

Mar 31, 2020

Hong Kong entrepreneurs have an opportunity to ramp up their network through the HKTDC’s “Start-up Express” programme.

Technology is driving the rapid changes sweeping across the world and is itself evolving rapidly to help companies and people adapt to these changes – a vast, global virtuous circle.

...

Mar 29, 2020

KUALA LUMPUR --( ASIA TODAY )-- The Kuala Lumpur Convention Centre’s (the Centre) annual Association Seminar this year brought together local association executives, industry partners and industry experts to an interactive forum to exchange knowledge and share international best practices on delivering successful...

Mar 27, 2020

The people and government of the US state of Hawaii will reach “beyond the possible” to make the Sustainable Development Goals (SDGs) a reality; The SDGs are a set of targets agreed by countries around the world to reduce poverty, protect the planet and ensure peace and prosperity for all, by 2030. Hawaii...

Mar 26, 2020

The Singapore government has earmarked another 48 billion Singapore dollars ($33.2billion) to support its businesses and households after official preliminary estimates showed the Southeast Asian economy shrinking by more than expected in the first quarter of this year as a result of the coronavirus crisis.

Mar 26, 2020

Bangkok (ESCAP news) – There is overwhelming evidence that the Asia-Pacific region needs to accelerate action on the Sustainable Development Goals (SDGs) and substantially reverse current negative trends, especially those which are depleting and degrading its environmental resources, according to a new report...

Mar 23, 2020

A growing number of Southeast Asia airlines are suspending flights or even completely grounding their planes as multiple governments have decided to introduce strict immigration regulations in an effort to combat the spread of the coronavirus pandemic.

The latest to announce a tough measure was Singapore...

Mar 17, 2020

The coronavirus pandemic is throwing entire Southeast Asia in turmoil as travel restrictions and business closures are getting more extreme and widespread and tourism has almost come to a standstill.

Philippine President Rodrigo Duterte from March 17 has put the entire Philippine island of Luzon under an “...

Mar 17, 2020

SMEs advised to diversify into northern Vietnam, Greater Bay Area

Mar 14, 2020

The coronavirus crisis could cost economies in the Asia-Pacific region $211 billion this year, sending growth to its lowest level in more than a decade as governments struggle to combat the disease, S&P Global Ratings warned on March 6 in a report.

In a worst-case scenario, China could see growth of less...

Mar 13, 2020

10.9% of all U.S. international flights and 16.9% of scheduled U.S. international seats will be affected

LONDON & SINGAPORE--(BUSINESS WIRE)--OAG, the world’s leading provider of travel data and insight, released its latest analysis on the global impact of the coronavirus on the air travel market.

Mar 07, 2020

Mar 06, 2020 (China Knowledge) - Every imaginary biological warfare has surfaced in Hollywood’s movies; simply by searching the web, such stories are over a hundred in movies and documentary. Though most of the findings of COVID-19 which spread on a large scale are considered by medical experts to be the natural...

Mar 01, 2020

MANILA, PHILIPPINES (24 February 2020) — Asian Development Bank (ADB) President Masatsugu Asakawa met today with Philippine President Rodrigo Roa Duterte and pledged full support for the country’s proactive development agenda.

This was the first courtesy visit by Mr. Asakawa to the Philippine President. He...

Feb 27, 2020

Yangon, 27 February, 2020 --( ASIA TODAY )-- Yangon Aerodrome Company Limited (“YACL”), the Airport Management company of Yangon International Airport (“YIA”), announced today that the main aviation gateway of Myanmar closed 2019 with a record high of 6.5 million passenger movements, lifted by new routes across...

Feb 27, 2020

February 26, 2020 – Hong Kong --( ASIA TODAY )-- In response to the impact of the novel coronavirus Covid-19 on export trade in mainland China, Global Sources has introduced new measures to help businesses and their employees mitigate their economic difficulties, encourage mainland China-based suppliers to...

Feb 24, 2020

24 February 2020, Hong Kong --( ASIA TODAY )-- Hong Kong Convention and Exhibition Centre (Management) Limited (“HML”), the professional private management company responsible for the daily operation of the Hong Kong Convention and Exhibition Centre (“HKCEC”), welcomes the latest revitalisation measures initiated...

Feb 23, 2020

Singapore-based ride-hailing and e-commerce company Grab partnered with German aviation startup Volocopter to explore the opportunity of deploying air taxi services in selected cities in Southeast Asia.

In a first step, the firms will conduct a joint feasibility study which will look into the most suitable...

Feb 23, 2020

Feb 20, 2020 (China Knowledge) - Extracts from “China Computer Weekly” – published on Feb 18. Online demand generated by epidemic has greatly boosted the cloud computing industry, with upstream server shipments increasing and downstream enterprises reaching unprecedented level of usage.

Feb 20, 2020

Feb 19, 2020 (China Knowledge) - Coronavirus outbreak in China has resulted in the government’s extreme measures shutting down all showrooms to reduce human interaction. In matters of days, the country’s intelligent hi-tech housing agencies rapidly adopted Virtual Reality (VR) to offer the close up and surreal...

Feb 11, 2020

Singapore could see a decline of up to 30 per cent in both tourist arrivals and receipts this year because of the coronavirus outbreak, Keith Tan, chief executive of the Singapore Tourism Board, said in an interview with Bloomberg TV.

The decline would be from last year’s record arrivals of 19.1 million and...