MANILA, Philippines — The Department of Agriculture is urged to resume the issuance of rice import permits so as not to disrupt the supply of Filipinos’ main staple after the consecutive typhoons wrought damage in the farm sector. The Philippine Rice Industry Stakeholders’ Movement (PRISM) has called on the DA-Bureau of Plant Industry (BPI) to […]
Read MoreGlobal communities will mark the first anniversary of the coronavirus next month after China identified the virus for the first time as a “pneumonia of unknown cause” when it was discovered in Wuhan, central Hubei province on Dec 30, 2019. The novel coronavirus or Covid-19 has unleashed massive devastation on most industries globally, with tourism […]
Read MoreThe National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. Signed by NBC Governor Chea Chanto, the letter said, “I would like to inform you [ABC […]
Read MoreMANILA, Philippines — The prevailing pandemic will give rise to a period of ultra-low interest rates to support economies as they recover from scarring caused by the crisis, according to Capital Economics. The London-based think tank said that for some countries, a combination of economic growth and low interest rates may enable recovery in the […]
Read MoreKUALA LUMPUR: Glove manufacturers’ corporate income tax is projected to be RM2.8bil in 2020 and RM4.7bil in 2021, according to Maybank Investment Bank Research following a dialogue with the Finance Minister. The research house said on Monday the government decided no windfall tax will be imposed on glove manufacturers to avoid potential “opportunity costs/losses” such […]
Read MoreThe Hanoitimes – With Sabeco, Habeco, Carlsberg Vietnam and Heineken Vietnam holding 90% of Vietnam’s alcohol beverage market, negative business results from these firms could lead to a setback of the overall industry in the coming time. The dual impacts of the Covid-19 pandemic and current government policies, especially Decree No.100 providing heftier fines on driving […]
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Thailand
