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Cash strapped Thai Airways to seek bankruptcy rehabilitation

Thailand’s flag carrier Thai Airways International will file an idea for restructuring its business with...

Coronavirus Speeds up Demise of SHOPS

Old-fashioned shops are deserted due to the coronavirus epidemic, which has sent their revenues into...

Smaller SUV Boom Continues

Compact and other small SUV are enjoying a boom in the domestic auto market.Korea's five...

Flag Carriers Suffer Massive Q1 Losses

Korea's two flag carriers suffered massive losses in the first quarter because of the global...

Companies still hiring now looking forward to post-epidemic recovery: Mekari survey

While most businesses have already been forced to downsize and have halted recruiting new staff,...

Beaches and football as Europe relaxes virus restrictions

Beaches in France and Italy were open Saturday for the first weekend because the easing...

Pandemic claims another U.S. retailer: 118-year-old J.C. Penney

The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into...

Air Canada to lay off half its workforce as virus bites

Air Canada announced Friday that it'll lay off at least half of its staff as...

Higher Netflix bill? Govt to charge VAT on imported digital goods, services starting July

The Finance Ministry begins charging ten percent value-added tax (VAT) on imported digital goods and...

Indonesia’s falling imports signals cooling economical activity

Indonesia’s imports have fallen for 10 consecutive months in April as manufacturing companies cut production...

Interviews Blight Jobseekers' View of Businesses

Six from every 10 jobseekers attended back from job interviews with a different image of...

Space Force unveils flag; Trump touts 'super-duper missile'

The U.S. Space Force - the hottest branch of the armed services - now has...

Foreigners Keep Dumping Korean Stocks

The Korea Composite Stock Price Index has risen 33 percent in only two months after...

Almost 600,000 Australians lose jobs mainly because virus lockdown bites

Practically 600,000 Australians lost their jobs as the virus shutdown took hold in April, the...

Most Jobseekers Now Willing to Work for Smaller Firms

Eight out of 10 jobseekers are actually ready to work for smaller businesses despite an...

Pandemic hits Indonesia’s push for inclusive growth: Bappenas

Projected slower monetary growth caused by the COVID-19 pandemic is expected to worsen Indonesia’s battle...