MANILA, Philippines — The Department of Agriculture is bent on canceling the existing sanitary and phytosanitary import clearances (SPSIC) of those who failed to bring in the volume they applied for to prevent palay (unhusked rice) prices from declining. “We have enough rice. We have inventory good for 90 to 94 days plus the harvest […]
Read MoreBank of Ayudhya’s (BAY) research house Krungsri Research (K-Research) has lowered its forecast for economic growth this year to 1.5% from 2.5% because of the damage from the Covid-19 outbreak, the delayed fiscal budget and the drought. The novel coronavirus, expected to peak during February to March, is predicted to shave 0.44 percentage points off […]
Read MorePrime Minister Hun Sen announced yesterday that all registered hotels and guesthouses in Siem Reap will be exempt of all taxes from February until May this year. The measurement is to facilitate businesses that are losing visitors because of the Novel Coronavirus, also known as Covid-19, which has seriously damageded the tourism sector in Siem […]
Read MoreVietnamese stocks are some of the world’s most battered this year, yet market watchers are backing a turnaround. They’re pointing to valuations that haven’t been this cheap since 2017 and an economy that’s been growing 5 percent or more each year for two decades. The nation’s benchmark gauge has almost completely erased its 2019 returns […]
Read MoreThe unease caused by Covid-19 is expected to drag down Thai tourism for more than six months, triggering airlines to slash ticket prices to steer the market, while Nok Air and Nokscoot cut pilots and cabin crew to save cost. Thai Airways International (THAI) is partnering with the Tourism Authority of Thailand (TAT) to offer […]
Read MoreSINGAPORE (Xinhua) – Singapore’s consumer price index for all items (CPI-All Items) came in at 0.8 per cent year on year in January, unchanged from the previous month, according to a joint release issued by two government authorities yesterday. The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said in the […]
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