SINGAPORE: Singapore is bracing for a harder hit to tourism than initially expected from the coronavirus as the outbreak spreads to more than 100 countries, impacting global travel plans, Communications and Information Minister S. Iswaran said. “Now it’s really the fact that there’s a global spread of this virus and therefore we will have to […]
Read MoreAmid COVID-19 outbreak MANILA, Philippines — The country is planning to borrow more from domestic and foreign debt markets to plug the wider budget deficit this year arising from lower revenue collections amid the spread of the coronavirus disease 2019 or COVID-19, according to the Department of Finance. DOF Secretary Carlos Dominguez said the government […]
Read MoreThe Tourism Council of Thailand (TCT) has set a lofty goal for local tourists to take 200 million domestic trips this year, while the Tourism Authority of Thailand (TAT) is mulling the prospect of postponing Songkran to July. The greater challenge for Thai tourism is to boost the number of domestic trips to maintain jobs […]
Read MoreMANILA, Philippines — The country’s rice inventory maintained its upward momentum in February, given a continued open market regime. Latest data from the Philippine Statistics Authority (PSA) showed that total rice inventory stood at 2.37 million metric tons (MT) in February, up 11 percent from the previous year. However, the current inventory is 11.2 percent […]
Read MoreThe Excise Department has temporarily exempted tax levied on pure alcohol while the government has unlocked the requirement to free 3 million litres of alcohol left over from energy usage to encourage the manufacture of alcohol-based hand sanitisers to meet strong demand amid Covid-19 fears. The tax exemption only applies to pure alcohol used to […]
Read MoreAlthough Myanmar has not officially detected any COVID-19 carriers, the virus has wreaked havoc on the economy and could lead to full-blown economic crisis if not contained soon. The tourism sector has suffered from a stampede of cancellations beginning in China. Now, most tourists from all other countries have decided to stay at home. The […]
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Thailand
