Laos continues to import agricultural produce because local production is not enough to meet domestic consumption, according to Lao authorities. The local production has increased, but it is still not enough although the authorities support local farmers to produce more in order to meet the demands, said Mr. Toungeh Synuanchanh at the Ad Hoc Committee […]
Read MoreThe rice industry body in Myanmar has reassured the public that there will be sufficient rice for domestic consumption and prices will be controlled amid the global COVID-19 pandemic. The Myanmar Rice Federation (MRF) released a statement on Friday that it would try to have a sufficient and stable supply of rice for the local […]
Read MoreThe government will eliminate the import duty for materials needed to develop a vaccine for COVID-19 and allocate Rp 1 trillion (US$67.04 million) for related medical needs, as the number of infections experienced a recent spike in Indonesia and hospitals struggle to cope with the virus. “We will remove the import duty for materials needed in […]
Read MoreThailand is preparing to restrict some aspects of daily life after the country’s biggest spike in coronavirus cases, further damaging one of Asia’s weakest economic outlooks. The steps to be considered Monday include placing more curbs on foreign arrivals, cancelling events with big crowds and closing entertainment venues deemed risky for spreading the virus. Confirmed […]
Read MoreThe flow of foreign direct investment (FDI) into Myanmar could be hampered by the global COVID-19 pandemic, hitting manufacturing businesses which rely on labours and imports of raw materials, according to a senior official. The COVID-19 outbreak could curb FDI inflow in Myanmar to a certain extent, warned U Thant Sin Lwin, secretary of the […]
Read MoreThe Hanoitimes – Local lenders are considering waiving interest rates of outstanding loans worth VND185 trillion (US$7.94 billion) for 34,350 customers. Vietnam banks have so far extended payment terms for around VND21.75 trillion (US$934.85 million) in loans for customers affected by the Covid-19 epidemic, according to Nguyen Quoc Hung, director of the Credit Department under the […]
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