Tag: losses
Written by Gabriel HerveyApril 13, 2020
Thailand job losses may hit 10 million if COVID-19 outbreak drags on
News Business Article
BANGKOK: Thailand’s job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday (Apr 13). Southeast Asia’s second-largest economy is being hit hard by the virus outbreak and is heading into a recession. Advertisement Advertisement “We think about 7 million jobs have been lost already,
Written by Gabriel HerveyMarch 11, 2020
Cathay Pacific 2019 profits plunge, predicts virus losses
News Business Article
HONG KONG: Cathay Pacific on Wednesday (Mar 11) said profits plunged in 2019 as it reeled from political unrest in Hong Kong, while it warned financial losses lay ahead owing to the spread of the new coronavirus. The flagship carrier was battered throughout the second half of last year as violent protests raged for months in
