New cost, insurance, and freight (CIF) values for imported vehicles will be announced soon, the Customs Department announced yesterday. The values will be used by the Customs Department to calculate duties on imported vehicles and can significantly influence prices. The values are being updated as customs duties on vehicles imported into Myanmar had been calculated […]
Read MorePETALING JAYA: Ongoing worries over the economic fallout from the Covid-19 outbreak and a plunge in global crude oil prices hammered asset classes in Malaysia with the stock and the palm oil markets landing body blows from the global rout. Oil prices tanked by more than 30%, sending the FBM KLCI sinking by 58.94 points […]
Read MoreMANILA, Philippines — The Pharmaceutical and Healthcare Association of the Philippines (PHAP) has reiterated its commitment to ensure stable supply and prices of medicines and vaccines following the declaration of a state of public health emergency throughout the country amid increasing cases of coronavirus disease 2019 (COVID-19). “Our members commit to exert all efforts to […]
Read MorePrime Minister Hun Sen has called on the nation’s micro-financial institutions and commercial banks to consider the suspension of loan repayments from garment workers who are being affected by the suspension of factories because of the COVID-19 outbreak. Speaking at the inauguration ceremony of National Road 55 in the Pursat province, the request was made […]
Read MoreThe Tourism Authority of Thailand (TAT) sees a worst case this year of 10 million foreign tourists staying home and 1.5 trillion baht lost as forward bookings continue to flash warning signs. TAT governor Yuthasak Supasorn said that if the coronavirus crisis extends beyond May, the number of tourists would hit rock bottom in that […]
Read MoreSome pharmaceutical products imported from India may soon be out of stock in Myanmar say some local importers and sellers. According to the industry insiders, some 75 percent of the medicines sold in the Myanmar market are imported from India and currently Indian pharmaceutical firms are facing shortages of raw materials for their manufacturing. “Some […]
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