Merry Gel Sigui
Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory
Tesla Inc. has secured a 9 billion yuan ($1.29 billion) term loan facility from Chinese lenders to finance its Shanghai Gigafactory. The electric car manufacturer also obtained an additional 2.25 billion yuan unsecured revolving loan facility for its first international manufacturing site outside the United States.
Facebook releases new messaging app exclusive for couples
Facebook's NPE Team introduces Tuned, a digital scrapbook-style app that allows couples to exchange messages, photos, music, and voice memos in a private, personal space when apart.
WHO: The world is facing nursing shortage as the coronavirus spreads
The COVID-19 pandemic has exposed a severe global nursing shortage, with the World Health Organization reporting a need for nearly six million nurses. Nurses, comprising over half of global health workers, are crucial in fighting the coronavirus, with over 1.3 million infected and 74,000 deaths worldwide.
Know the proper way to wear protective gears from a COVID-19...
COVID-19 has created a critical shortage of protective equipment for healthcare workers. Understanding the proper way to wear PPE is essential for frontline medical professionals to protect themselves while treating coronavirus patients in high-risk environments like Intensive Care Units.
Japan rolls out $1 trillion stimulus package to soften coronavirus impact
Japanese Prime Minister Shinzo Abe unveiled a nearly $1 trillion stimulus package worth 108 trillion yen, double the relief measures from the 2008 financial crisis. The unprecedented economic package aims to protect the economy from the severe damages caused by the coronavirus pandemic, representing approximately 20% of Japan's GDP.
Philippine government taps e-commerce site for door-to-door delivery of farm products
During the enhanced community quarantine, the Department of Agriculture launched "Kadiwa ni Ani at Kita Express," an online platform enabling Metro Manila residents to purchase and receive fresh fruits and vegetables directly at home, supporting farmers and ensuring food accessibility.
Taiwan’s auto industry reports increase in sales despite coronavirus pandemic
Despite the global COVID-19 pandemic, Taiwan's auto industry experienced a significant sales increase, with 37,279 new car registrations in March. This represents a 15.1% rise compared to March 2019 and a 36.3% surge from February 2020, driven by consumer confidence and lower oil prices.
Indonesia’s $24 Billion coronavirus package is not enough to protect workers,...
Economic experts in Indonesia argue that the government's US$24.2 billion stimulus package is insufficient to prevent widespread job losses. Analysts note that the funds must be split between healthcare, social protection, and economic programs, leaving inadequate support for impacted sectors.
Vietnamese products see enormous demand in the US market
Vietnamese products are experiencing surging demand in the United States, with imports reaching $67 billion in 2019 - a 36% increase. As American companies diversify supply chains away from China, Vietnam has become a crucial export partner across agricultural, electronic, clothing, and furniture sectors.
Coronavirus hobbles supply chains of Japanese firms in Southeast Asia and...
A survey reveals that over 65% of Japanese manufacturers in Philippines, Indonesia, Malaysia, Thailand, and India are experiencing severe supply chain challenges due to the coronavirus pandemic, with many struggling to source parts and materials.