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Vietnam Airlines suspends services to Russia, Taiwan

The Hanoitimes – Vietnam Airlines will resume operation of the two routes upon receiving updated rulings from authorities. National flag carrier Vietnam Airlines has announced the suspension of its services between Vietnam and Russia, Taiwan (China) from March 19 given the complication of the Covid-19 pandemic and recent entry restrictions between countries. The earliest flights to […]

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Fitch offers balanced Thai forecast

Fitch Ratings has lowered its outlook on Thailand’s long-term foreign currency issuer default rating to stable from positive, reflecting impacts of the coronavirus spread on Thailand’s economy through its tourism sector and lingering political uncertainty after the country’s transition to civilian rule. At the same time, the international credit rating agency affirmed the country’s rating of […]

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Philippines: Businesses seek COVID-19 relief package

Deferred tax payments, salary recomputation MANILA, Philippines — Amid a Luzon-wide work stoppage and supply disruptions, the country’s largest business group is urging government to grant relief measures to industries and enterprises. The relief package would include allowing delayed tax payments without penalties and reconsidering the computation of salaries for the upcoming April 9 holiday […]

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Assessment of impact of epidemic on Asean

The effects of COVID-19 are hitting Asean economies at a time when other risk factors such as a global growth slowdown were already rising. Any assessment of impacts must recognise that the spread of the virus is evolving in unpredictable ways The Coronavirus (COVID-19) pandemic is first and foremost a human tragedy. But the measures […]

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Thailand: Call for truck limits to be eased

Retailers are calling for the government to ease the limits on trucks entering the city to allow manufacturers to keep supermarket shelves full, as panic buying in recent days disrupted the supply chain for basic necessities. Trucks with 10 wheels or more are allowed to enter the city between 10am and 3pm, and trailer trucks […]

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