Small and medium sized businesses that have suffered due to COVID-19 don’t expect to recover to pre-pandemic levels until summer 2022, according to new research. With the UK now well into a vaccination programme that many hope will enable the economy to start reopening, ongoing cashflow
MANILA – Philippines President Rodrigo Duterte said on Monday Filipinos should stab fraudsters who use his name and the names of other cabinet officials for corrupt purposes. Corruption is, with red tape, an obstacle to the Southeast Asian nation’s competitiveness, deterring investors and delaying much-needed projects. Duterte
Facebook News, the social network’s dedicated section for news content, is launching in the UK. The UK is the second market to get Facebook News, which launched in the United States last year. Several major news publishers, including Channel 4, Sky News, and The Guardian have signed
Travel firm Hays Travel is to close 89 of its 535 shops following a review into its take over of Thomas Cook. The Sunderland-based firm bought the collapsed company in October 2019and deferred a review into the performance of its shops until 2021. A Hays Travel spokeswoman
With Singapore’s borders largely closed, and the pandemic still raging across the world, there is still significant uncertainty over plans for the island nation’s 2021 alternative. But its tentative restart of smaller conferences offers a glimpse into what Davos attendees might expect if they are
SEOUL — South Korea’s economy grew at a faster-than-expected pace in the fourth quarter as it ended the coronavirus-stricken year solidly poised for a recovery in 2021 thanks to surging exports. Gross domestic product (GDP) grew a seasonally adjusted 1.1% in the December quarter from the
Moderna Inc. said on Monday it believes its coronavirus disease 2019 (COVID-19) vaccine protects against new variants found in Britain and South Africa, although it will test a new booster shot aimed at the South African variant after concluding the antibody response could be diminished. The
For CK Colindres and her two children, 12 and 2, weekends were always spent strolling in malls and dining out in the Philippine capital of Manila. That all changed when the pandemic struck. They’ve been cooped up at home since the government ordered minors to stay
Follow us on Spotify BusinessWorld B-Side Charter change (cha-cha) is once again alive in Congress. Although business groups support the initiative to liberalize the economy, they say that amending the Constitution 15 months before the national elections will only be “divisive.” Lawmakers, they added, should instead focus
Every one of us have probably been a member of a brand loyalty program at one point or another. Whether it's a card collecting stamps for a free cup of coffee or a more in-depth credit-card like system that tracks our spending and rewards us
Who’d have thought putting the health and safety of your people and the public first would create such a fuss! During an interview with City AM, I discussed my intention to spend an estimated £800,000 on having my 400-strong workforce vaccinated against Covid – once the
FOREIGN DIRECT INVESTMENTS to the Philippines likely went up in 2020, according to a report by the United Nations Conference on Trade and Development. -- PHILIPPINE STAR /MICHAEL VARCASBy Jenina P. Ibanez, Reporter FOREIGN DIRECT INVESTMENTS (FDI) to the Philippines rose by almost a third in