MANILA, Philippines — Electronics exports are not likely to hit the projected five percent growth for 2020 amid the coronavirus crisis, the Semiconductors and Electronics Industries in the Philippines Foundation Inc. (SEIPI) said. This despite posting nearly 10 percent growth in the first two months of the year to $6.16 billion. For February alone, electronic […]
Read MoreProspects for exports to Indonesia remain promising this year after the fellow Asean member temporarily lifted the import licence requirement for garlic and brown onions until May and moved to lower import tariffs on 749 products such as soybeans, food, textiles, corn, shoes and ceramics. Indonesia lifted the import licence requirement for garlic and brown […]
Read MoreCar dealers will be granted a two-month extension to their import licenses, a senior official of the Ministry of Commerce said. “We are working on a plan that allows the licenses to be extended for up to two months as most car dealers have stopped selling cars because of the COVID 19 crisis,” the official […]
Read MoreThe announcement by Prime Minister Hun Sen this week that suspended factory workers would only be receiving a total of $70 per month could potentially push hundreds of thousands of garment workers and their families back below the poverty line, according to Oxfam. The $70 monthly payment, which equates to $2.33 a day for a […]
Read MoreAuthorities in Bangkok have banned alcohol sales for a week and a half to help prevent social gatherings that could spread the virus that causes Covid-19. The ban wiill be in effect from April 10 to April 20 and is the metropolitan region’s latest effort to contain a surge in infections since early March. The […]
Read MoreThe Hanoitimes – The relief package is estimated at VND180 trillion (US$7.63 billion). Prime Minister Nguyen Xuan Phuc on April 8 signed Decree No.41/2020 on five-month delay of deadline for payments of taxes and land rental fees, applicable for enterprises and individuals affected by the Covid-19 pandemic. The decree covers five beneficiary groups that are entitled […]
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Thailand
