An increase in electricity rates has taken Lao residents by surprise amid an economic downturn due to the Covid-19 pandemic, with many turning to social media to air their complaints. In March, the Prime Minister’s Office accepted a proposal to increase the electricity rate incrementally from 2020 to 2025, set to begin from 1 May this year. […]
Read MoreThailand’s gems and jewellery sector has suffered from the pandemic, with the Gem and Jewelry Institute of Thailand (GIT) forecasting exports to contract this year. Duangkamol Jiambutr, director of GIT, said the rate of the contraction will depend on how long the pandemic spreads. Prior to the outbreak, GIT forecast shipment growth of 3% this […]
Read MoreNo more talks about visa exemptions or visa fee waivers are expected for Asean countries in the foreseeable future as members are focusing on their own rehabilitation plans, the tourism and sports minister said. At a Special Meeting of Asean Tourism Ministers on Covid-19 via video conference on Wednesday, tourism ministers of the 10 member […]
Read MoreBrunei Darussalam’s total trade in February 2020 was valued at BND1,510.7 million, an increase by 45.4 per cent from BND1,038.9 million during the same month last year. Meanwhile, for month-to-month changes, total trade for February 2020 decreased by 16.3 per cent compared to January 2020. Exports rose by 59.7 per cent year-on-year to BND1,121.2 million […]
Read MoreCambodia’s airline industry continues to be severely impacted by the COVID-19 pandemic, as the number of passengers flying in and out of the Kingdom’s three international airports drops by 96 percent on a daily average basis. Of those passengers that continue to enter the country, the majority are from Chinese cities and South Korea, as […]
Read MoreThe government will subsidize and ease loan interest payments for micro, small and medium enterprises (MSMEs), the backbone of the Indonesian economy, as they struggle to stay afloat amid the COVID-19 pandemic. The subsidies will cover loan interest ranging from 2 to 6 percent for up to six months for millions of borrowers in the […]
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