Gig economy singapore

The strength of the rebound in economic activity over the coming quarters in South-East Asia remains uncertain, particularly in the fourth quarter of 2020, after the expected initial strong bounce in global trade and domestic activity post-lockdowns has faded. Additionally, varying success rates in containing the Covid-19 outbreak, and differing lockdown exit strategies will widen the disparities in economic growth in the region. Economies which have convincingly contained the outbreak such as Thailand and Vietnam will see a stronger recovery than Indonesia and the Philippines, which are battling new waves of Covid-19 outbreak after restrictions were prematurely relaxed. … [Read more...] about ICAEW: Vietnam is expected to be the only South-East Asian economy to record positive growth this year

Still, an average of 45 daily new infections has shown up there since authorities declared last month that all residents had recovered or been shown by testing to be virus-free. Outside, the daily average is just two local cases. … [Read more...] about Singapore grapples with coronavirus in migrant workers’ dormitories

Vietjet targets a pre-tax profit of VND100 billion ($4.3 million) for 2020, a drop of 98 percent from last year, due to coronavirus impacts. The airline has also lowered its revenue target for the year by 29 percent to VND36 trillion ($1.54 billion), it said in a statement. … [Read more...] about Vietjet CEO an Asian economy transformer: Business Insider

Singapore (VNA) – Singapore will roll out its TT Token (Trace Together Token) to the public for free from September 14 and pilot its Safe Entry programme using TT Token devices or app in several venues. During a press conference on September 9, Singaporean officials said as the COVID-19 has been basically under control, Singapore will take new measures to trace infection sources when the island state begins to reopen economy in the near future. The distribution is expected to be completed in late November. Furthermore, a new Self-Check service and SMS service will be introduced from September 10 so that people can be alerted if they have visited the same venues at the same time as COVID-19 cases, based on their own SafeEntry records. This Self-Check service will be available on the TraceTogether app. Individuals can also access the Self-Check service via SingPass Mobile. On September 9, the Singaporean Health Ministry announced that from September 17, all travellers from … [Read more...] about Singapore to roll out COVID-19 tracing devices

The report said the turmoil caused by the Covid-19 outbreak severely impacted the M&A markets, but Vietnam’s is forecast to grow thanks to investments from developed economies this year due to tensions between the U.S. and China. … [Read more...] about Vietnam soars high in global M&A attractiveness ranking