SINGAPORE banks have guided on the size of provisions that can cover the impact from the Covid-19 outbreak ahead, but analysts say the lenders may have to stomach more if the disruption to supply chains and consumer demand extends beyond the first half of this year. Banks’ guidance on the buffer set aside for souring […]
Read MoreBrunei passport maintains its rank as 3rd powerful in ASEAN, according to CEOWORLD magazine’s Global Passport Ranking for 2020 Brunei Darussalam’s passport ranks as the 49th most powerful globally, while also third in Asean and 10th in the Asia-Pacific, enabling its citizens to travel visa-free to a 166 countries or destinations, according to ranking provider CEOWORLD Global Passport Ranking for 2020. Japan’s […]
Read MorePETALING JAYA: The policies under the recently announced National Automotive Policy 2020 (NAP 2020), though considered a win for the local automotive sector in general, will benefit the national carmakers the most. Kenanga Research said in a report that Perodua would be the biggest beneficiary of the NAP 2020, especially in light of the push […]
Read MoreMANILA, 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 […]
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Thailand
