Tag: cut
Written by Gabriel HerveyApril 15, 2020
New Zealand PM Jacinda Ardern, ministers take 20% pay cut due to COVID-19 impact
News Business Article
WELLINGTON: New Zealand Prime Minister Jacinda Ardern, ministers in her government and public service chief executives will take a 20 per cent pay cut for the next six months given the economic impact of the coronavirus pandemic. “This is where we can take action and that is why we have,” Ardern said on Wednesday (Apr 15)
Written by Gabriel HerveyApril 13, 2020
A Singaporean nurse’s US stint was cut short by COVID-19 – these folks stepped up to help
News Business Article
SINGAPORE: Within Siti Zawiyah’s first week in America, when COVID-19-fuelled panic buying began, a colleague bought her bags and bags of groceries – so many that she had to make a few trips to carry them all in from her colleague’s car. Their contents included toilet paper, a huge bottle of water, milk, rice, frozen
Written by Gabriel HerveyApril 12, 2020
Malaysia’s AirAsia founders not taking salary; staff members accept up to 75% pay cut
News Business Article
KUALA LUMPUR: The founders of Malaysia’s AirAsia Group will not take salaries and its staff has agreed to an as much as 75 per cent cut in pay due to the impact of the novel coronavirus outbreak on the airline, its chief executive said late on Saturday (Apr 11). Tony Fernandes said in an Instagram
Written by Gabriel HerveyMarch 31, 2020
Japan’s Abe, deputy avoid joint meetings to cut COVID-19 risk as lockdown pressure builds
News Business Article
TOKYO: Japan’s prime minister and his deputy won’t attend meetings together to cut coronavirus risks as pressure for a lockdown builds, with domestic cases topping 2,000 and a minister saying the country’s containment strategy was stretched to the limit. Shinzo Abe told cabinet members on Tuesday (Mar 31) that his second-in-command, Taro Aso, would no
Written by Gabriel HerveyMarch 31, 2020
ERP rates to be cut at 96% of gantries amid COVID-19 outbreak
News Business Article
SINGAPORE: Electronic Road Pricing (ERP) rates will be cut at 96 per cent of gantries in Singapore, the Land Transport Authority (LTA) announced on Tuesday (Mar 31), citing “exceptional circumstances” due to the COVID-19 outbreak. Gantries along expressways and arterial roads will see reductions of up to S$2, with ERP charges removed completely at some
Written by Gabriel HerveyMarch 26, 2020
COVID-19: Malaysian Prime Minister Muhyiddin Yassin, top ministers to take pay cut
News Business Article
KUALA LUMPUR: Malaysian Prime Minister Muhyiddin Yassin, ministers and deputy ministers will take a two-month pay cut and the money will be donated to the country’s COVID-19 fund. The Prime Minister’s Office in a statement on Thursday (Mar 26) said the matter was decided in a Cabinet meeting the day before to prove the government’s commitment to helping those badly affected
Written by Gabriel HerveyMarch 19, 2020
Australian airline Qantas to cut all international flights
News Business Article
SYDNEY: Australia’s biggest airline Qantas said on Thursday (Mar 18) it will halt all international flights later this month, after the island nation’s other main carrier Virgin shut its overseas services due to the coronavirus pandemic. Qantas said all of its international flights would be suspended by late March for at least two months after
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