The Philippine Stock Exchange has shut down trading starting March 17 until further notice, as part of the country’s effort to curb the spread of the coronavirus pandemic (COVID-19).
A series of meetings of the Asia-Pacific Economic Cooperation (APEC) forum scheduled for April in Malaysia will be postponed till June due to the COVID-19 outbreak.
Malaysia has postponed a three-day meeting of finance and central bank officials from APEC countries that was scheduled for March 17-19 because of the COVID-19 outbreak, a government spokesperson said.
Thailand is on course for an economic recession in the first half of this year, with its 2020 GDP being forecast to decrease 0.3 percent from the previous 1.8 percent as a result of the COVID-19 outbreak, according to the Siam Commercial Bank’s Economic Intelligence Centre (EIC).
Secretary of Philippines’ Department of Finance Carlos Dominguez III on March 16 announced a 27.1 billion peso (526 million USD) spending plan for everyone affected by the coronavirus pandemic (COVID-19).
Malaysian Prime Minister Muhyiddin Yassin announced on late March 16 that the entire country will be on a movement control order starting from March 18-31 to curb the spread of the coronavirus disease (COVID-19).
Indonesia recorded a 2.34 billion USD trade surplus in February as exports rose but import edged down significantly, according to the Indonesian Statistics Indonesia (BPS).
Russia and Vietnam share similar views on most international issues and the two countries have established close and effective cooperation bilaterally and within the UN framework.
A scheduled visit by Singaporean Prime Minister Lee Hsien Loong to Australia will be replaced by a video conference in view of Australia's COVID-19 restrictions, Singapore's Ministry of Foreign Affairs (MFA) said on March 16.
Singaporean government has announced that from 11:59pm on March 16, all passengers, including Singaporeans, entering Singapore from ASEAN, Japan, the UK and Switzerland, must be self-quarantined for 14 days.
Laos recently ordered the temporary closure of 10 border gates with its neighbouring countries, including Vietnam, amid the rapid spread of the COVID-19 epidemic in the world.
All schools across Cambodia are ordered to close in an effort to counter the threat of the COVID-19 pandemic in the latest announcement of the country’s Ministry of Education, Youth and Sport.