MANILA, Philippines (Via News) – Considered as the “worst shock” to the Philippine economy since the global crisis a decade ago, the economy here is set to suffer more disruptive impacts as its central bank foresees a massive slowdown in its economic growth as the country continues to combat the spread of COVID-19. The government…
Long before the coronavirus unleashed a massive wave of shock across the world, economists had envisioned several scenarios for a possible recession in Europe. However, few would have thought that some of the largest economies in the world would find themselves at war with a novel virus. The coronavirus has brought economic activities almost to…
Most startup enterprises in Europe are “undervalued”, says the director of Startup Portugal, who believes that the local nature of funding in the European entrepreneurial ecosystem makes an investment bubble scenario unlikely. “I think this is more a US problem than a European problem,” João Mendes Borga told Via News in an exclusive interview when…
The impact of a potential recession on startups is different than its effect on large companies because of their different structures, says the director of Startup Portugal, who believes that entrepreneurs thrive on challenges. Startups are different than large corporations in nature and act differently when it comes to industry recession or real estate recession,…
With the rapid spread of the novel coronavirus, the world woke up to a new reality that looked like a scene out of an apocalyptic movie. Millions of lives have been altered by the public health crisis, which began in the Hubei province of China late last year and has since engulfed a large number…
Portugal, like many other countries in the world, has not left unscathed by the ongoing coronavirus epidemic, with the social and business landscape being transformed in a manner never seen before. The Portuguese government has put a raft of measures in place to combat the spread of the virus and has announced several initiatives to…
Since the first case of coronavirus was detected in Wuhan, China, in late 2019, the shadow of fear and uncertainty has loomed over businesses all over the world, including in Europe. A wide range of containment and restrictive measures announced by governments to slow and stem the spread of the virus has opened up an…
Cashless societies are increasingly cropping up, thanks to the digitization of the global financial sector. While paper money has helped shape the world for decades, a transition to a cashless world is slowly gaining traction thanks to the proliferation of the internet and mobile devices. Governments are increasingly pushing for cashless payments as a way…
JAKARTA, Indonesia (ViaNews) – On April 17, Indonesians cast their votes in the country’s biggest election as they elected president and vice president as well as legislative candidates at national and regional levels. As the vote counting process is still ongoing, the real count from the General Election Commission (KPU) as of April 20 (12.43…
