Archive for May 19th, 2020
THAI edges to bankruptcy court
The national state enterprise policy supervisor has proposed that loss-ridden Thai Airways International Plc (THAI) should file for bankruptcy to pave the way for a decisive [...] » More
Indonesia looks into report of another citizen dying aboard Chinese fishing ship
The Foreign Ministry said Sunday it would follow closely the case of an Indonesian crewman who allegedly died aboard a Chinese fishing vessel and was buried in waters near [...] » More
Govt to disburse social aid to 8.3 mln households
The Indonesian Government has promised to distribute social aid funds to 8.3 million beneficiary households that have been severely affected by the impact of the coronavirus [...] » More
Rough Week in Indonesia: 20 Pct of Coronavirus Cases Occur in Last Seven Days
New confirmed cases of coronavirus infection in Indonesia have been consistently high by averaging 535 in the last eight days until Monday, more than double the daily average [...] » More
22-month old baby in N. Sulawesi may be Indonesia’s youngest COVID-19 related death
A 22-month-old baby boy who tested positive for COVID-19 has died in Manado, North Sulawesi, the province’s COVID-19 task force announced on Monday. “Case 93, a baby from [...] » More
Indonesia exploring options to ease social restrictions
The government is using research and surveys to explore ways to ease its large-scale social restrictions (PSBB), an official has said. “We’ve reported several [...] » More
HK protests: student caught with petrol bombs jailed for a year while twin brothers get seven weeks for criminal damage
Three Hong Kong men were on Monday jailed for up to a year for vandalism and weapons offences during anti-government protests last year, while 15 others appeared in court, [...] » More
US Secretary of State Mike Pompeo slams ‘spiteful’ Taiwan exclusion from World Health Assembly
US Secretary of State Mike Pompeo has slammed the “spiteful” rejection of Taiwan to attend the World Health Organization’s annual meeting as an observer, [...] » More
China will deepen economic reforms as growth slows
China will open up more sectors to private firms and reduce direct government interference in microeconomic activities, the official Xinhua News Agency said on Monday, as [...] » More
China hits Australia with barley tariff in latest blow to relations
China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 percent on Australian barley imports from May 19, which is [...] » More
Pompeo demands China reveal Panchen Lama ‘immediately’
US Secretary of State Mike Pompeo on Monday demanded that China reveal “immediately” the whereabouts of the Panchen Lama chosen by the Dalai Lama, 25 years after [...] » More
Exclusive: Nissan’s survival plan for Europe: SUVs and sharing with Renault
Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and [...] » More
Softbank’s Son hopes ‘winged unicorns’ can save crumbling tech empire
SoftBank Group Corp CEO Masayoshi Son on Monday pinned his hopes on a small group of “winged unicorns” to save the performance of his $100 billion Vision [...] » More
HSBC, Citi speed up digital push to ward off Asian upstarts
Banks in Asia’s financial hubs such as HSBC Holdings Plc and Citigroup Inc. are finding that the disruption from the coronavirus outbreak is helping them push back on a [...] » More
Asia shares set to follow Wall Street rally on vaccine hopes
Asian shares were set to rise on Tuesday after data from an early-stage trial for a coronavirus vaccine lifted hopes for a near-term economic recovery, sending global equity [...] » More
