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Myanmar tourism businesses prepare to reopen

Myanmar tour companies are preparing to organise tours again, which had been suspended since February as part of the government’s efforts to prevent the spread of COVID-19, an official of a local travel association said. Daw Aye Thida Moe, vice chair of the Union of Myanmar Travel Association, said tour companies are awaiting government guidelines […]

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Philippines: Government eyes new taxes in 2021 to recover stimulus costs

MANILA, Philippines — New taxes are being considered by the Duterte administration starting 2021 to partially offset the costs of this year’s stimulus measures meant to counter the pandemic’s economic impact. Costing was already started for a proposed digital economy value added tax (VAT), higher sugar-sweetened beverage taxes as well as new levies on junk food, particularly those […]

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Indonesia: Residential property sales, prices rise cool as pandemic hits economy

Residential property sales and prices rise have shown a downward trend amid the COVID-19 pandemic, which has battered people’s purchasing power and developers’ marketing efforts, despite lower mortgage interest rates. Totok Lusida, the chairman of the Real Estate Indonesia (REI), an association of 6,400 developers, said on May 18 that aside from hindered construction, social […]

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Cambodia: Kingdom becoming more self-reliant on vegetables

A senior official at the Ministry of Agriculture has called on more investment in the horticulture and subsidiary crops sector because the demand for vegetables in the country has increased nearly 1,000 tonnes per day. Kean Sophea, director of the department of horticulture and subsidiary crops at the Ministry of Agriculture, Forestry and Fisheries, told Khmer […]

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