The Ministry of Commerce has announced that it will fully adopt online procedures for issuing import and export permits for more than 100 types of goods starting April 1, 2020, as part of efforts to implement social distancing to stop the spread of COVID-19 in Myanmar. “The move is being made with the aim of […]
Read MoreManufacturers in Myanmar experienced their worst month on record in March as the worldwide coronavirus outbreak impacted output, demand and purchasing, according to Purchasing Managers’ Index (PMI) survey data from a London-based information provider IHS Markit. IHS Markit released its latest report on Myanmar’s Manufacturing PMI on April 1. The headline IHS Markit’s Myanmar Manufacturing […]
Read MoreThe Hanoitimes – Once Vietnam’s parliament ratifies the trade deal, it can enter into force 30 days after Vietnam and the EU have notified each other that legal procedures have been completed. The Standing Committee of the National Assembly (NA) has asked the government to prepare and submit procedures for the approval of the EU – […]
Read MoreThe Thai economy would shrink by 5% this year in the World Bank’s worst-case scenario, with the coronavirus outbreak compounding existing problems like drought, stagnant wage growth, rising unemployment and growing poverty. If the global lender’s forecast holds true, the contraction will be similar to the 5.3% decline projected by the Bank of Thailand and […]
Read More-Many apartment and accommodation owners in the capital are lowering room rental prices for resident workers during the COVID-19 outbreak. The government-ordered temporary closure of factory operations, entertainment venues, restaurants, and many non-essential business activities from April 1-19 will affect the incomes and financial status of many workers from across Laos and beyond. Apartment owner […]
Read MoreThe Hanoitimes – If the pandemic is contained within the first half of 2020, Vietnam’s growth should rebound to 6.8% in 2021 and remain strong over the medium and long-term, according to ADB. Vietnam’s economic growth rate is expected to slow sharply in 2020, to 4.8%, but remains among Asia’s fastest growing economies, the Asian Development […]
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