While government officials attribute the high pork price to the low supply caused by the African swine fever (ASF), experts say they can see signs of oligopoly. Despite the great efforts by the Ministry of Agriculture and Rural Development (MARD), including the import of pork and live pigs, prices still have been at sky high […]
Read MoreRecent reports in Laos of price surges for essential foods and medicines, rising unemploymentand ballooning national debt, are proving to be a case study for local policymakers to avoid as the COVID-19 economic fallout worsens. Comparisons between the neighbouring countries are clear after a recent World Bank report outlined mirrored economic conditions this year, after […]
Read MoreThe country is in no rush to open up travel bubbles as more thought is needed into putting the concept into practice, said the head of security for the Centre for Covid-19 Situation Administration (CCSA). The bubbles, where travel is permitted between any two countries where the Covid-19 pandemic has been brought under control, needs […]
Read MoreJAKARTA (REUTERS) – Indonesia’s central bank on Thursday delivered its third cut to the benchmark rate this year, stepping up support for South-east Asia’s largest economy as it struggles to avoid a recession amid the broadening fallout of the coronavirus pandemic. Bank Indonesia (BI) cut the seven-day reverse repurchase rate by 25 basis points (bps) to 4.25 […]
Read MoreThailand is poised to soar in the global market with heightened investment attraction and a massive budget earmarked to rejuvenate the economy in the fourth quarter, as the Covid-19 pandemic eases, according to Deputy Prime Minister Somkid Jatusripitak. In an exclusive interview with the Bangkok Post, Mr Somkid said the government also plans to enhance financial […]
Read MorePrivate equity investors are seeing no lack of opportunities in Myanmar and have no plans to change strategy when it comes to investing in the country, although heavy travel disruptions have made assessing new investments harder. The investors said COVID-19 has allowed them to spot the “camels” – companies that are resilient to tough business […]
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