Business

New Delhi, Jun 4 (PTI) The Supreme Court on Thursday extended till June 12 its earlier order of May 15 asking the government not to take any coercive action against companies and employers for violation of Centre's March 29 circular for payment of full wages to employees for the lockdown period.

PUTRAJAYA, June 4 (NNN-BERNAMA) — Prime Minister Tan Sri Muhyiddin Yassin returned to work in the office here today after undergoing self-quarantine at home for 14 days.

In a posting on his official Facebook page, Muhyiddin began his day with an audience and pre-Cabinet meeting with the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah through a video conference.

He then chaired the Cabinet meeting with all members of his Cabinet, also through a video conference.

JAKARTA, June 4  (NNN-BERNAMA) — Though the large-scale social restrictions (PSBB) move in Jakarta province has been extended to the end of June, several  socio-economic activities will be allowed with the implementation of new norms and protocols starting tomorrow. 

Jakarta Governor Anies Baswedan said the PSBB first phase of transition until the end of June, would see among others, the reopening of houses of worship, working from office to resume, business centres and public transport service back in operation.

PRETORIA, June 4 (NNN-AGENCIES) - A South African high court declared some of the government’s coronavirus lockdown regulations unconstitutional but suspended the order for 14 days, leaving the rules in place for now.

South Africa introduced in March one of the world’s most restrictive COVID-19 lockdowns – including a ban on alcohol and cigarette sales – but has gradually eased restrictions down to the third of five levels.

ANKARA, June 4 (NNN-ANADOLU) – Turkey and Azerbaijan, on Wednesday, announced on the official gazette, mutual visa exemption of three months for their citizens, who hold passports with validity of at least six months.

The decision was agreed upon by the two governments on Feb 25.

With the new visa agreement, the exemption period between the two countries is increased from 30 days to 90 days.

BEIJING, June 4 (NNN-AGENCIES) — China said it will ease coronavirus restrictions to allow more foreign carriers to fly to the mainland, shortly after Washington vowed to bar Chinese airlines from flying to the United States due to Beijing’s curbs on American airlines.

KUALA LUMPUR, June 4 (NNN-BERNAMA) – Malaysia’s state-owned oil firm, Petronas, has entered Myanmar gas market with the first liquefied natural gas (LNG) delivery, the company said today.

Petronas said in a statement that, through its subsidiary, Petronas LNG (PLL) completed its maiden delivery of LNG to Yangon.

Two LNG cargoes were delivered to Yangon in May and June, and the delivery is part of a master sale and purchase agreement, between PLL and CNTIC VPower that was signed in early 2020.

Mumbai, Jun 3 (PTI) AirAsia India has slashed salary of its pilots by an average 40 per cent for May and June, an airline source said.

However, the quantum of reduction in pay for other categories and senior management remains at the April level, the source said.

The senior management at AirAsia India had taken a pay cut of 20 per cent in April, while the wages of executives falling in other categories were reduced by 7-17 per cent.

However, employees getting a salary of Rs 50,000 per month or less were spared.

BANGKOK, June 3 (NNN-BERNAMA) – Thailand’s Monetary Policy Committee (MPC) has expressed concerns over a stronger baht, saying that it could derail the kingdom’s economic recovery.

Assistant Governor of Bank of Thailand (BoT) and Secretary of MPC Titanun Mallikamas said the 2020 economic outlook was highly uncertain given the global economic and financial environments with the risks to the economic outlook tilting downward.

TEHRAN, June 3 (NNN-IRNA) – Iran’s President, Hassan Rouhani, on Tuesday, urged the European Union to stand against U.S. “illegal” sanctions against the Islamic republic, Press TV reported.

Washington violated international regulations by increasing sanctions against Iran, he said.

“Under the ongoing circumstances, the European Union, particularly Finland, should carry out its duty by condemning the illegal measures of the United States,” Rouhani was quoted as saying.