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Laos to Import Face Masks Amid National Shortage

The Ministry of Health has stated that Laos is to import face masks from neighboring countries, including Vietnam, China, and Thailand amid a national shortage. Two million face masks will be imported to Laos very soon, according to Lao Minister of Health, Dr. Bounkong Syhavong, as quoted by the Vientiane Times. Masks will be distributed […]

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Malaysia cuts reserve ratio in surprise move

MALAYSIA unexpectedly eased its reserve ratio as part of moves to release RM30 billion (S$9.9 billion) of liquidity into the banking system as the economy struggles through a lockdown to contain the novel coronavirus pandemic. Bank Negara Malaysia cut the statutory reserve requirement ratio by 100 basis points to 2 per cent, effective Friday. It […]

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Philippines: Canned meat supply good for 2 months

MANILA, Philippines — The country’s meat processors have assured the public that supply of canned meat products will be enough for the next two months. The Philippine Association of Meat Processors Inc. said there is an adequate supply of canned meat products, but advised consumers against panic buying and hoarding. PAMPI vice president Jerome Ong […]

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Thailand: Policies for Covid-19 face suspension

Several insurance companies are poised to suspend sales of Covid-19 insurance products with a lump-sum payout as policy sales approach their threshold of 500,000-750,000. Some insurers have paused sales to revise protection conditions, including implementation of a 14-day waiting period, after coronavirus insurance products sold briskly, said Suthiphon Thaveechaiyagarn, secretary-general of the Office of Insurance […]

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