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Unprecedented Economic Downturn Forecast This Year

The Korea Economic Analysis Institute forecasts that the country's economy will shrink an impressive 2.3...

LG Unveils Teaser for New Smartphone

LG has unveiled a good rendering of its new smartphone set for release the following...

Advertisers shun coronavirus coverage, hastening press battle for survival

From Rupert Murdoch's News UK to McClatchy's chain of local newspapers over the United States,...

Carmakers among firms to help with making medical items

As masks, sanitizer and other items continue being in short supply amid the spread of...

Most banks have offered relief to clients afflicted by COVID-19: OJK

Almost all banks and financing companies have offered loan restructuring programs to greatly help their...

Japanese government asks business community to improve production of medical supplies

The federal government again called on the business enterprise community to cooperate in increasing the...

Honda, Nissan furlough U.S. employees as auto demand plummets

Honda Motor Co. and Nissan Motor Co. on Tuesday said that they had furloughed thousands...

Pandemic set to tip Japan into deep recession this year

Japan is likely to put on a deep recession this year with the economy set...

Galang COVID-19 hospital prepared to admit TKI, ease burden on regional hospitals

The purpose-built Galang Island COVID-19 Specialty Hospital opened on Monday in Batam, Riau Islands province,...

Indonesia's forex reserves drop $9.4b in March as BI steps up work to stabilize rupiah

Indonesia’s forex (forex) reserves dropped US$9.4 billion in March to $121 billion as Lender Indonesia...

COVID-19: Hurry for masks, wc paper slows Japan's household spending decline

Japan's customer spending fell in February but at a slower-than-expected rate as being households scrambled...

Singapore central bank to change banks' capital requirements

Singapore's central bank might modify selected regulatory requirements and supervisory applications to permit financial institutions...

Telkomsel studies 16 percent jump in broadband traffic as persons follow physical distancing rules

Telecommunication organization PT Telekomunikasi Selular (Telkomsel) has reported a 16 percent upsurge in it has...

Tourism will take at least a year to recuperate from COVID-19 outbreak: Economists

Indonesia's tourism sector, the industry hardest-hit by COVID-19, is projected to take quite a long...

Consumers attracted to hygiene products, online fitness as pandemic spreads

A consumer survey in Indonesia has shown that persons are buying more health insurance and...

Singapore adds S$5.1 billion to stimulus, boosts handouts

Singapore increased its cash payout to individuals and announced additional steps to save lots of...