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Laos orders ten entry points to shutdown

Ten border checkpoints used to enter and exit Laos have been ordered to shut down temporarily to help curb the spread of Covid-19 with the remaining international checkpoints to monitor all arrivals closely. The ten border crossings instructed to close include six Lao-Vietnamese checkpoints: Panghok international checkpoint in Phongsaly province, Nam Soy checkpoint in Huaphanh, […]

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MAS says it stands ready to ensure the stability of Singapore’s financial system amid coronavirus spread

SINGAPORE – The Monetary Authority of Singapore said on Friday (March 13) that it “stands ready to ensure the orderly functioning of financial markets and the stability of the financial system in Singapore” as the coronavirus crisis deepens worldwide. It assured that the Singapore dollar money market and foreign exchange market are currently “functioning normally in the […]

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Thailand: Shelves won’t stay empty

Retailers are insisting that supplies of essential goods remain unaffected as people rush to buy basics like instant noodles, canned foods and toilet paper amid fears of a coronavirus-prompted lockdown. “Basic goods are not in short supply and, above all, manufacturers can still boost production capacity to cope with higher demand,” Chatrchai Tuongratanaphan, executive director […]

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Cambodia: Call to restrict overseas imports

Small and medium enterprises (SMEs) have called for increased restrictions over allowing imported products from abroad access to their  domestic  markets. Te Taingpor, president of the Federation of Association for Small and Medium Enterprises of Cambodia, said imports without efficient control in terms of paying taxes affects local products produced at a high cost. At […]

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Philippines: Business as usual for banks

MANILA, Philippines — Banks and other financial institutions are business as usual during the one-month community quarantine adopted by Malacañang in the National Capital Region to prevent the further spread of the coronavirus disease 2019 or COVID-19, according to the Bangko Sentral ng Pilipinas. The BSP issued a statement Saturday evening assuring the public that […]

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