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 […]
Read MoreDeferred 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 […]
Read MoreThe 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 […]
Read MoreRetailers 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 […]
Read MoreFood establishments across Cambodia, especially in the main centres of Phnom Penh and Siem Reap province, have started to limit the services they are offering to customers because of the escalating COVID-19 outbreak in the Kingdom. The worsening health pandemic has already prompted the Cambodian government to institute preventive measures such as ordering the temporary […]
Read MoreThe Hanoitimes – The demand on online shopping in Vietnam is increasing, bringing positive results to e-commerce platforms in Vietnam. Even though the first months of every year is the low season for shopping, e-commerce sites in Vietnam have seen a surge in orders in the January-March 2020 period as the Covid-19 pandemic changes consumers’ behavior. […]
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