Several insurance companies are poised to suspend sales of Covid-19 insurance products with a lump-sum payout as policy sales approach their threshold of 500,000-750,000. Some insurers have paused sales to revise protection conditions, including implementation of a 14-day waiting period, after coronavirus insurance products sold briskly, said Suthiphon Thaveechaiyagarn, secretary-general of the Office of Insurance […]
Read MoreCambodian farmers have expressed serious concerns after Vietnam decided to abruptly close all border crossings with Cambodia because Vietnamese merchants are their main source of buyers for many crops, particularly for cassava and cashews. The Vietnamese government on Wednesday locked down its borders with the Kingdom and imposed a month-long entry ban for any foreign […]
Read MoreNational tax revenue has fallen by 5 percent to Rp 152.9 trillion (US$9.62 billion) as of February compared to the same period last year as corporate income was severely hit by an economic slowdown blamed largely on the COVID-19 pandemic. Finance Minister Sri Mulyani Indrawati said the decline in tax collection was mainly caused by […]
Read MoreThe Thai Chamber of Commerce is calling on the government to come up with urgent measures to help “salarymen” after many companies initiated 15-day leave programmes without pay. The group is also asking for cooperation from its members that are struggling from the adverse impact of the coronavirus outbreak to retain their more than 10 […]
Read MoreMyanmar should brace for the consequences of COVID-19 on the local and global economy, senior government officials and analysts say. The Myanmar Investment Commission (MIC), which oversees investments in the country, said the economic slowdown caused by the virus outbreak is already being felt in other countries and will likely have an impact on Myanmar. […]
Read MoreMANILA, Philippines — The Department of Information and Communications Technology (DICT) is urging the public to remain vigilant as cybercriminals could use the coronavirus disease 2019 or COVID-19 as a cover to gain access to personal or financial data. The DICT said that as the country grapples with the COVID-19 pandemic, cybercriminals may take advantage […]
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Thailand
