All night entertainment venues, including wet massage parlours, will open their doors again on Wednesday and some foreigners will be allowed into the country, but not tourists, as virus lockdown restrictions are further eased. The Centre for Covid-19 Situation Administration (CCSA) on Monday gave the greenlight for all remaining entertainment facilities to reopen from Wednesday. […]
Read MoreDomestic inflation fell to 8.3 percent during the month of May, softening as a result of declining demand among Myanmar households, according a recent World Bank report. This is because consumers have cut back on their spending due to COVID-19, driving prices lower. At the current level, inflation is at its lowest in six months […]
Read MoreKUALA LUMPUR: Malaysia posted a trade surplus of RM10.41bil in May this year, rebounding from a deficit of RM3.63bil in April but overall exports were weaker than expected, the Ministry of International Trade and Industry (MITI) said. It said on Monday the trade surplus was the highest monthly trade surplus for the month of May […]
Read MoreThe manufacturing production index (MPI) for May dropped 23.19% from a year earlier, led by lower production of cars, petroleum and air conditioners due to the impact of the coronavirus outbreak, the industry ministry reported on Monday. That compared with a forecast for a drop of 21.0% in a Reuters poll, and against April’s revised […]
Read MorePresident Joko “Jokowi” Widodo signed Wednesday Perpres No. 72/2020, a presidential regulation that regulates an increase in state spending and a widening state budget deficit amid Indonesia’s fight against the coronavirus pandemic. The government now officially states that the 2020 state budget deficit is expected to reach Rp 1.03 quadrillion (US$73.4 billion) or 6.34 percent […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) is giving taxpayers more time to file for value-added tax (VAT) refund claims amid movement restrictions to slow the spread of the coronavirus disease 2019 or COVID-19 outbreak. On June 24, the Department of Finance (DOF) and the BIR issued Revenue Regulations (RR) 16-2020, extending anew […]
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Thailand
