The impact is likely to be worse than after the 1997 Asian financial crisis, as accelerated economic restructuring reshapes industries, destroying some jobs permanently.
They spend 12 hours a day training and live with their team under the constant watch of coaches and psychologists, all for the glory of the arena and a shot at great riches.
Seoul is struggling to curb runaway home prices, which have risen an eye-watering 34 per cent on average since President Moon Jae-in came to power.
They can make 3,000 calls a day without getting tired or temperamental and even blocking their number won’t stop them getting through. And there’s little point swearing at them.
Lim Guan Eng, a key member of the ousted Pakatan Harapan coalition, pleaded not guilty to a corruption charge, as his wife was arrested in a separate matter.
Decode China had been envisaged as an outlet to ‘expose and counter propaganda and disinformation’. No reason was given for its abrupt termination.
The students worry jobs at nickel smelter projects in Sulawesi are being taken away from locals, as the coronavirus pandemic increases unemployment.
A Bangkok court ruled that about 3,000 Cambodians could proceed with a class-action suit against Mitr Phol over land seized for sugar plantations.
Analysts say the critical deal has been scaled back to get it signed and ratified on time, though it can be built on in the future.
The Beijing-Washington rivalry has extended to the war-torn country in the dash to build corridors linking Central Asia, South Asia and the Middle East.
In China, audiences tune in for the human stars of the shows. But in Southeast Asia, it is the brands that are the stars.
From just a handful of schools in the 1990s to more than 250 today, Thailand’s international schools sector is a major draw for students and investors alike.
Manila and Beijing might be playing down differences in the South China Sea as ‘a little pebble in the road’, but they’ll have a tough time convincing the Filipino public.
The sector was already tracking massive growth, increasing almost 600 per cent in the space of four years – the coronavirus only accelerated that trend.
While the countries recorded fewer than 100 coronavirus cases in total, they now face the threat of an additional 1.2 million people entering extreme poverty, according to the Asian Development Bank.
Resumption of the US$880 million project comes as the countries’ bilateral ties have stabilised under Malaysia’s new prime minister, Muhyiddin Yassin.
With nearly US$12 billion worth of bonds set to mature in a deepening recession from now through next year, more financial distress and soured debt may be on the cards.
India’s giant market, inexpensive skilled workforce and generous tax breaks aren’t the only things drawing investment from Taiwanese firms.
Singapore recorded 6,700 lay-offs in Q2, but the numbers may yet worsen as subsidies to help firms cope with the coronavirus expire, analysts say.