Monthly hits records

Those needing critical care in the capital also reached a record 113 people, according to the metropolitan government. Toshio Nakagawa, head of the Japan Medical Association, called the situation "extremely serious" but stopped short of criticizing Prime Minister Yoshihide Suga for acting too slow to contain the latest outbreak, as some have suggested. "Please take this virus seriously, and don't think it's just another flu," Nakagawa said, warning hospital care was getting stretched thin. Japan has confirmed more than 250,000 cases, including over 3,700 deaths. Elsewhere in the Asia-Pacific region, China's Hebei is enforcing stricter control measures following a further rise in coronavirus cases in the province adjacent to the capital Beijing that's due to host events for next year's Winter Olympics. The National Health Commission on Wednesday reported another 20 cases in Hebei, bringing the province's total to 39 since Sunday. The top provincial official said ... » Learn More about Tokyo cases hit record as govt mulls emergency

Since an association that cares for the community; its members have contributed cash donations and basic food supplies to help the underprivileged communities throughout the year. Since the donations have been both personal and corporate, the association has decided not to list them out of respect for some of our members privacy. The latest figures have recorded over 1 Billion MMK. This has been in monetary value as well as in kind. To assist the government in its efforts in achieving its financial aims for the people of Myanmar, its member companies have also paid out taxes especially the specific goods tax (SGT) and Commercial Tax (CT) where they have been recorded as consisting of 90% of the top 10 and 50 taxpayers for the 2018-2019 assessment year. The association’s plead to the government is that for 2021 to reconsider the increase in taxes as both our internal economies as well as the external trade have been deeply affected by the economic turmoil that the covid-19 ... » Learn More about Myanmar Liquor Association (MLA) announces year-end activities for 2020

The outbreak of the African swine fever (ASF) was first officially recorded in September 2019 in one of the backyard hog raisers in Rodriguez, Rizal. Animal scientists hypothesized that the ASF virus must have originated from leftover food (kaning baboy or swill in the local language) collected by backyard hog raisers from major restaurants and hotels in Metro Manila and then fed to their pigs. From there, the virus spread to Bulacan and other Central Luzon provinces where carcasses of infected animals were sold or used by meat processors. At present, around half of the country’s provinces located in nine regions have been hit by the ASF. Most of those affected are located in the island of Luzon, particularly Central Luzon and the Calabarzon regions which produced 18.2 percent and 17.2 percent, respectively (more than 35 percent), of total hog production in 2019. Impacts on supply and prices As a result, total hog population, which is estimated by the Philippine Statistics ... » Learn More about ASF and the recovery of our local hog industry

The Bangko Sentral ng Pilipinas (BSP) is likely to maintain an accommodative monetary-policy setting this year as the country’s headline inflation rose for another month. This is according to analysts from ANZ Research, ING Bank Manila, Rizal Commercial Banking Corp. (RCBC), Bank of the Philippine Islands (BPI) and HSBC. ANZ Research economist Kanika Bhatnagar and chief economist Sanjay Mathur believe there is no compelling reason for the central bank to stray from its current monetary policy stance this year. The BSP retained its key interest rates at their record low last month. Overnight borrowing, lending and deposit rates remained at 2.00 percent, 1.50 percent and 2.50 percent, respectively. “However, we are cognizant of a possible ‘second-round’ impact of higher food and fuel inflation on inflation expectations and spillover effects on the prices of other goods and services,” the ANZ economists warned. The Philippine Statistics Authority announced on Friday that ... » Learn More about BSP to maintain rates amid higher inflation