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Laos: Lockdown extended but more restrictions lifted

The government has extended the lockdown for another 15 days until July 4 but has eased some restrictions to alleviate the hardship caused by the Covid-19 outbreak and gradually normalise the situation. The Prime Minister’s Office on Saturday issued a notice extending virus prevention and control measures. However, the government will now allow tourist attractions […]

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Thailand: Restaurateurs insist on state relief package

Restaurant operators have reiterated their calls for the government to provide relief, noting they have yet to receive any state aid via measures despite the launch of several schemes recently, including the popular Khon La Khrueng (half-half) co-payment subsidy. Thai Restaurant Association president Taniwan Koonmongkon said only street food stalls are eligible for the government’s […]

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Philippines: Rate easing cycle seen to resume in Q3

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is widely expected to keep rates steady at Thursday’s monetary policy meeting, but would likely resume its easing cycle by September, an international think tank said. In its weekly outlook, London-based Capital Economics expressed certainty that interest rates would remain unchanged during the central bank’s policy […]

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