Our analysis shows an economic downturn as a result of the COVID-19 pandemic will dramatically increase rental stress for people with insecure or casual work.
Digital Economy
Though the world has become hyper-connected, in Southeast Asia, like in many other developing regions, a large segment of the population don’t have access to the internet.
Indonesia has officially announced a second stimulus package and has vowed to set aside a chunk of its state budget to support the country’s economy against the backdrop of the COVID-19 outbreak, providing some relief to a battered stock market and rupiah.
A handful of new Pokemon Go updates are designed to benefit those in self-isolation or practicing social distancing due to the COVID-19 coronavirus.
Without much help from the Fund, some emerging economies have developed a sensible practical response. Indonesia is a case in point.
The usually bustling city of Jakarta may seem less busy in the next few days as several major companies are instructing staff to work from home.
While the company currently has clients in Singapore and Malaysia, it plans to expand to more markets in the region, particularly in Indonesia and Thailand.
Jakarta is once again lagging behind several major cities across the country in terms of mobile broadband speed, according to a recent report.
Indonesia, Thailand, Vietnam, and Malaysia have just the right mix of economic growth, population size, investment, and entrepreneurial ferment to make them the critical countries in the world for these companies.
Started as ride-hailers, the superapps have realised that ride-hailing services are not the profitable long-term future of their businesses
Erick Thohir has decided to close scores of subsidiaries of state owned companies and expand hiring of well-regarded managers to boost governance after a series of scandals undermined confidence.
“Many customers have decided to cancel their trips to Bali. Most of them say that they decided to stay at home, because of worries about the virus,” said Suarsa, who is a father of three.
The ASEAN+3 Macroeconomic Research Office estimates that the COVID-19 epidemic could deduct as much as half a percentage point from the economic growth of regional economies.
The development spotlighted the Southeast Asian state’s ongoing efforts to move forward with its approach to AI, including the areas concerned as well as the opportunities and challenges therein.
Telkomsel will utilize Microsoft’s cloud capabilities while the latter will leverage on Telkomsel’s wide network.
A surge in interest in mobile dating across Southeast Asia has seen spending in some countries surge by up to 260% over the last three years.
