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Malaysia: Markets in turmoil as oil price crashes

PETALING 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 […]

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Philippines: Pharmaceutical firms commit stable supply, prices

MANILA, 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 […]

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Thailand: TAT spots 30% chance of B1.5tn revenue loss

The 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 […]

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