Both the quantity and quality of jobs are deteriorating rapidly as a result of the economic paralysis created by the pandemic. The UN’s International Labour Organization estimates that the health crisis will push unemployment rates in the region up from 8.1% to 11.5% in 2020
Tag: coronavirus
How the coronavirus is impacting Egypt’s economic outlook
Egypt has been identified as the origin of several coronavirus infections in other countries long before it confirmed its own cases. The country appears to have slowed down its initial…
Coronavirus boosts use of e-doctor apps in Indonesia
E-doctor apps (also known as telemedicine) have benefited from structural problems in Indonesia’s healthcare sector and the country’s booming digital economy over the last decade. The coronavirus crisis turns out…
Southeast Asia’s aviation sector could look very different after 2020
The International Air Transport Association estimated late March that aviation passenger demand in Asia-Pacific will be reduced by 37% in 2020
COVID-19 crisis showing shortfalls China’s Belt and Road
Investments flowing out of China’s $1.1. trillion USD ‘Belt and Road Initiative’ (BRI) have reached emerging markets all over the world. Especially Southeast Asia has become an important destination for…
