Myanmar 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 […]
Read MoreCash payment growth in Thailand is expected to shrink in the coming years as digital payment transactions expand exponentially, says Bank of Thailand governor Veerathai Santiprabhob. “The annual growth rate of cash usage has declined to 2-3%, compared with 7-8% in the past few years,” he said in an exclusive interview with the Bangkok Post. “With […]
Read MoreNew relief measures for employees and self-employed workers ravaged by the coronavirus pandemic include soft loans with payment on principal and interest suspended for six months, but not cash giveaways, says a senior official at the Finance Ministry. Cash handouts are inappropriate at the moment and the budget is being spread thin, said finance permanent […]
Read MoreBanking and Finance industry insiders welcomed the new measures of the National Bank of Cambodia (NBC) which allow banks and other financial institutions to have stronger liquidity and to continue lending to the private sector amid the COVID-19 pandemic. The Cambodian Central Bank on Tuesday announced several new measures to facilitate and urge financial institutions […]
Read MoreMANILA, Philippines — Filing of tax returns has been moved to May 15 from April 15, as relief for tax payers who were unable to prepare for filing amid the lockdown in Luzon, the Department of Finance said. In a statement Thursday, DOF said the Bureau of Internal Revenue “has extended the deadline for the […]
Read More
Thailand
