ADB says Cambodia to lose 390,000 jobs due to COVID-19
The ADB’s support will be targeted at businesses, households and individuals that have been adversely affected by the crisis. The Phnom Penh Post/Asia News Network PHNOM PENH — The Asian…
Imported PPEs lose tax-free perk, but VAT refund claim deadlines extended
MANILA, Philippines — With the expiration of the Bayanihan to Heal as One Act, importation of personal protective equipment (PPEs) and other medical supplies lost its tax-exempt perk even as…
March dollar remittances drop as more Pinoys lose Middle East oil industry jobs
Dollars sent home by expatriate Filipinos declined in March, marking the first time that the impact of the coronavirus pandemic was manifested in monthly remittances which are a key pillar…
Millions to lose jobs, fall into poverty as Indonesia braces for recession
The government estimates that up to 3.78 million Indonesians will fall into poverty and 5.2 million lose their jobs during the coronavirus pandemic, as the International Monetary Fund (IMF) projects…