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Entrepreneurs worst hit by virus impact in Malaysia

Bloomberg Freelancers and entrepreneurs are the worst hit by the coronavirus pandemic’s impact on Malaysia. Statistics department found 46.6% of self-employed workers lost their livelihood while 23.8% of entrepreneurs reported the same, according to a March 18-31 survey. Among the sectors, agriculture was most affected with 21.9% of respondents saying they’ve lost their jobs, followed by services industry with 15%. ...

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Thailand explores borrowing of $30.6b to finance stimulus

Bloomberg Thailand said it will explore domestic and foreign funding options for planned borrowing of 1 trillion baht ($30.6 billion) to finance a major economic stimulus programme. The debt is a key element of a 1.9-trillion-baht package to help low-income households, farmers and companies reeling from the impact of the novel coronavirus outbreak. Southeast Asia’s second-largest economy may contract 5.3% ...

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Villagers turn away relatives as virus scare grips rural India

Bloomberg In the villages of India’s most populous state of Uttar Pradesh, even some family members returning home from the cities aren’t allowed in. State officials have told village councils to keep returning labourers from entering the town or meeting people due to fears they may be infected with the coronavirus. Instead, they’re forced to stay in schools or farms ...

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