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Business
South Koreans go for video tours, drive-thru viewing, flower delivery to savor spring blossoms amid pandemic
SEOUL: Lee Ga-ram, 37, was forced to give up her decade-long annual ritual of having a picture taken of herself in the same spot at Seokchon Lake, one of Seoul’s most popular cherry blossom sites, as access to the park was closed due to the coronavirus pandemic. “It is just…
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Business
COVID-19 shaking neoliberal system
By Peter Jaegeul Song Staff Reporter at Asia N SEOUL: Most countries expect negative growth as the global stock price and oil prices have plunged more than 30 percent due to the coronavirus infection (COVID-19). Investment bank Morgan Stanley expects the U.S. gross domestic product to fall more than 30…
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Business
WUHAN: United front puts city on road to recovery
By Wang Xiaodong China Daily Workers face range of challenges during outbreak WUHAN: Hua Yuchen, a music teacher in Wuhan, Hubei province, was one of the first to volunteer her services after the city was locked down on Jan 23 in an effort to contain the novel coronavirus outbreak. “I…
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Business
Prime minister praises Mongolians’ resilience, announces MNT 5.1 trillion plan to combat COVID-19
By Tuul Chuluunbaatar ULAANBAATAR, MONGOLIA: After an extraordinary meeting of the Government of Mongolia, Prime Minister Ukhnaagiin Khürelsükh made a statement on the measures to be taken by the Government to support the economy in connection with the transition to a higher level of preparedness throughout the country amid the…
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Business
Satanic Viruses
By Ashraf Aboul-Yazid President of Asia Journalists Association (AJA) CAIRO: As the whole world is combating coronavirus, the destructive virus of modern times, Egyptians, both authorities and people, are persuading themselves that they are in fact fighting more than that one specific virus! The first virus the Egyptian government faces…
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Politics
South Korea to allocate Kyrgyzstan $50,000 to combat coronavirus
BISHKEK: Korea will allocate Kyrgyzstan $50,000 to combat coronavirus, the South Korean embassy in Kyrgyzstan reported. “In connection with an increase in cases of coronavirus infection in the Kyrgyz Republic, the Korean Government, aware of the lack of medical equipment and the need to improve medical services to combat coronavirus…
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Politics
35 million South Koreans to benefit from ‘disaster relief money’ for households
SEOUL: The South Korean government will grant “emergency disaster relief money” to a majority of the country’s households in a one-off stimulus program to help with the economic impact of the coronavirus crisis, President Moon Jae-in said Monday. He also unveiled a plan to seek another supplementary budget during a…
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Politics
COVID-19 pandemic and India
By Pramod Mathur India <Spotfilm> CEO, AJA Senior member NEW DELHI: An Extraordinary Virtual G20 Leaders’ Summit was convened on March 26, 2020. The aim was to discuss challenges posed by the COVID-19 pandemic and forge a coordinated global response. Earlier, Prime Minister Modi had a telephonic conversation with the…
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Politics
Malaysia announces $57.78 billion stimulus package to deal with coronavirus fallout
PUTRAJAYA: Malaysia’s government will channel RM25 million to the vulnerable groups through the RM250 billion ($57.78 billion) economic stimulus package announced on Friday by Prime Minister Muhyiddin Yassin. The funds are to be channelled towards supporting people and businesses most adversely impacted by the economic disruption from the Covid-19 outbreak…
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Business
Gyeonggi Province Governor Lee Jae-myung: We will be providing basic income to all citizens promptly
By Sang-ki Lee Founder of AJA and CEO of Asia N Suwon: South Korea’s Gyeonggi Provincial Government has announced that they will be providing disaster subsidy of about $81 (about 100,000won) per person and $324(400,000won) per household of four people. The “Gyeonggi Province disaster subsidy”, officially announced by the…
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