Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Brunei Darussalam 11 11 - Other Economic Measures BND
Cambodia 11 11 - Other Economic Measures KHR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 July 2020); RGC. http://auschamcambodia.com/wp-content/uploads/2020/05/fourth-round-of-stimulus-measures.pdf (accessed 11 June 2020).

(i) April, The government has ordered the suspension of white rice exports, to secure domestic supplies; (ii) May 20, suspension of white rice exports has been lifted; (iii) June, The Royal Government will introduce Phase 1 of the IT business registration platform in early June 2020 to facilitate and promote business registration, especially to make it easy for those companies wishing to be registered to obtain loans from the Royal Government’s special financing program.

Indonesia 11 11 - Other Economic Measures IDR WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 28 April 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#P (accessed 5 May 2020). The Jakarta Post. https://www.thejakartapost.com/news/2020/05/22/indonesia-may-lose-market-confidence-due-to-mounting-debts-world-bank.html (accessed 2 June 2020). Reuters. https://www.reuters.com/article/us-indonesia-tax-digital/indonesia-imposes-10-vat-on-amazon-google-netflix-and-spotify-idUSKBN2481A5?il=0 (accessed 7 July 2020).

(i) Effective 18 March 2020 to 31 May 2020, Temporary elimination of import certification requirements on imports of onions and garlic; (ii) Effective 18 March 2020 to 30 June 2020, Temporary export ban on antiseptic, raw materials to fabricate masks, personal protective equipment (PPE), ethyl alcohol and masks; (iii) Effective 23 March 2020 to 30 June 2020, Temporary elimination of import certification requirements on imports of certain products, e.g. masks and personal protective equipment; (iv) To ease stock market volatility, the regulator OJK has introduced a new share buyback policy (allowing listed companies to repurchase their shares without a prior shareholders’ meeting) and introduced limits on stock price declines. (iv) May 22, The government announced it willl start start charging 10 percent value-added tax (VAT) on imported digital goods and services, including video and music streaming subscriptions, starting July 1 in an attempt to boost state revenue. On July 7, authorities confirmed that it is imposing 10% value-added tax on sales by non-resident foreign firms which sell digital products and services in Indonesia worth at least IDR600 million rupiah (USD41,667) a year or which generate yearly traffic from at least 12,000 users.

Lao PDR 11 11 - Other Economic Measures LAK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020, 11 June 2020); 9 July 2020, 3 September 2020).

(i) As of August, Cuts in administrative expenses by at least 30% of the annual budget for ministries and central organizations and 10% for local authorities have been approved and intentions to cut unnecessary spending in proportion to revenue shortfall have been signaled [update]; (ii) The Taskforce Committee has launched a fundraising campaign from the public (as of June 1, about LAK17.5 billion in cash and LAK85.5 billion in kind have been raised.

Malaysia 11 11 - Other Economic Measures MYR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020, 3 May 2020).

No amount/estimate: (i) March 23, The SC and Bursa Malaysia suspended short-selling until April 30. April 28, the suspension was extended through June 30; (ii) June 5 in Short-term National Economic Recovery Plan or PENJANA: COVID-19 Temporary Measures Act is proposed to minimize disruption to social and economic well-being activities caused by contractual breaches and enforcement of insolvency actions on groups affected by COVID-19 and Movement Control Order (MCO). This is designed to provide sufficient runway for businesses to recover their operations and relief from certain contractual obligations and financial distress for the revival of the economy.

Myanmar 11 11 - Other Economic Measures MMK
Netherlands 11 11 - Other Economic Measures EUR Financien Belgium. https://financien.belgium.be/nl/Actueel/overeenkomst-tussen-de-bevoegde-autoriteiten-van-nederland-en-belgi%C3%AB-ter-verlenging-van-de (accessed 5 June 2020). Rijksoverheid. https://www.rijksoverheid.nl/actueel/nieuws/2020/06/19/bij-steun-overheid-moeten-bedrijven-onwenselijke-belastingconstructies-afbouwen (accessed 24 June 2020). Rijksoverheid. https://www.rijksoverheid.nl/actueel/nieuws/2020/06/23/eerste-kamer-stemt-in-met-wijziging-wet-gemeentelijke-schuldhulpverlening (accessed 24 June 2020)

(i) No amount/estimate: June 2, Extended the agreement on tax treatment of cross-border workers until June 30, 2020; (ii) Approved an amendment to the Municipal Debt Assistance Act, allowing municipalities to exchange data from citizens with payment arrears at an early stage with housing corporations, energy, and drinking water companies and health insurers to identify people with debts in time and to offer debt counseling. The amendment will take effect on January 1, 2021; (iii) Imposed new conditions on companies that seek support (including corona-related support) from the Dutch government: (a) the company cannot be located in a country that already has a low tax rate, and (b) the Dutch branches of the company cannot have paid interest or royalties to branches of the group in countries with too low tax rates.

Philippines 11 11 - Other Economic Measures PHP Department of Finance. https://www.officialgazette.gov.ph/downloads/2020/05may/20200502-EO-113-RRD.pdf (accessed 5 May 2020). Philippine Daily Inquirer. https://business.inquirer.net/297882/bsp-proposed-fist-law-to-buttress-ph-banks-even-if-bad-loans-double (accessed 22 May 2020). BusinesswWorld. https://www.bworldonline.com/pagcor-remits-p5b-in-fresh-dividends-to-treasury/ (accessed 11 June 2020).

(i) (ii) PHP2.9 billion assistance from Philippine Amusement and Gaming Corporation (PAGCOR) and Philippine Charity Sweepstakes Office (PCSO) is intended for the purchase of medical equipment and supplies (See (i) in Measure 5A). On June 5, PAGCOR remitted an additional PHP5 billion in dividends (bringing the total to PHP17 billion); (iii) Banks are also expected to suspend all fees and charges imposed on online banking platforms during the period of regulatory relief. (iv) May 2, The government imposed a temporary additional 10% levy on imported crude and refined petroleum products to augment resources for COVID-19. (v) May 22, The BSP is pushing for the enactment of the proposed Financial Institutions Strategic Transfer (FIST) law, an enhancement of the Special Purpose Vehicle Act that would allow financial institutions to clear up non-performing assets and have additional funds to lend to their clients.

Singapore 11 11 - Other Economic Measures SGD WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 21 May 2020). SingaporeBudget.gov. https://www.singaporebudget.gov.sg/budget_2020/budget-measures/budget-summary (accessed 30 May 2020). MAS. https://www.mas.gov.sg/news/media-releases/2020/enhancing-job-opportunities-for-singaporeans-and-staying-open-to-global-talent (accessed 28 August 2020).

(i) April 24, Temporary relaxation of import licensing requirements for hand sanitizers, masks, thermometers, and protective gear. (ii) May 26, SGD33 billion under supplementary "Fortitude" budget which includes SGD13 billion for contingencies to allow the government to respond quickly to any unforeseaable developments arising from COVID-19. (iii) August 27, The MAS increased the minimum qualifying salary for employment pass holders (i.e. foreign workers) in the financial services sector to SGD5,000 to support local hiring. [update]

Thailand 11 11 - Other Economic Measures THB
Timor-Leste 11 11 - Other Economic Measures USD
Viet Nam 11 11 - Other Economic Measures VND IMF,MOF, SBV. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 29 April 2020). WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 21 May 2020).

(i) On March 31, the State Bank of Vietnam instructed Credit Institutions (CIs) to actively reduce bonus and salary, cut other operating costs, timely adjust business plan (including not pay dividend in cash), and use the saved resources to reduce interests; (ii) The Government cut at least 30% of conference funding, domestic travel expenses and 50% of overseas working missions; (iii) Several fees for securities services have been also reduced or made exempt between March 19 and August 31 to support the stock market; (iv) Additional measures have been implemented to accelerate public investment disbursement, including permitting direct procurement, transforming PPP projects into public investment projects, etc. and (v) April to May, Temporary measures on (a) export licensing requirements on face masks; and (b) export quotas on rice for national food security.

Brunei Darussalam 11 11 - Other Economic Measures BND
Cambodia 11 11 - Other Economic Measures KHR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 30 April 2020).

No amount/estimate: April, The government has ordered the suspension of white rice exports, to secure domestic supplies.

Indonesia 11 11 - Other Economic Measures IDR WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 28 April 2020).

(i) Effective 18 March 2020 to 31 May 2020, Temporary elimination of import certification requirements on imports of onions and garlic, (ii) Effective 18 March 2020 to 30 June 2020, Temporary export ban on antiseptic, raw materials to fabricate masks, personal protective equipment (PPE), ethyl alcohol and masks, and (iii) Effective 23 March 2020 to 30 June 2020, Temporary elimination of import certification requirements on imports of certain products, e.g. masks and personal protective equipment. [update]

Lao PDR 11 11 - Other Economic Measures LAK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020; 1 May 2020).

(i) April, Cuts in administrative expenses by at least 10% of annual budget have been approved and intentions to cut unnecessary spending in proportion to revenue shortfall have been signaled; (ii) The Taskforce Committee launched the fundraising campaign from public (As of 15 April, LAK7.2 billion could be raised) [update].

Malaysia 11 11 - Other Economic Measures MYR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020, 3 May 2020).

March 23, The SC and Bursa Malaysia suspended short-selling until April 30; and April 28, the suspension was extended through June 30 [update].

Myanmar 11 11 - Other Economic Measures MMK
Netherlands 11 11 - Other Economic Measures EUR
Philippines 11 11 - Other Economic Measures PHP Department of Finance.

(i) PHP2.9 billion assistance from Philippine Amusement and Gaming Corporation (PAGCOR) and Philippine Charity Sweepstakes Office (PCSO) is intended for the purchase of medical equipment and supplies (See (i) in Health of Measure 5); (ii) Banks are also expected to suspend all fees and charges imposed on online banking platforms during the period of regulatory relief.

Singapore 11 11 - Other Economic Measures SGD
Thailand 11 11 - Other Economic Measures THB
Timor-Leste 11 11 - Other Economic Measures USD
Viet Nam 11 11 - Other Economic Measures VND IMF,MOF, SBV. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 29 April 2020).

(i) On March 31, the State Bank of Vietnam instructed Credit Institutions (CIs) to actively reduce bonus and salary, cut other operating costs, timely adjust business plan (including not pay dividend in cash), and use the saved resources to reduce interests; (ii) The Government cut at least 30% of conference funding, domestic travel expenses and 50% of overseas working missions; (iii) Several fees for securities services have been also reduced or made exempt between March 19 and August 31 to support the stock market; and (iv) Additional measures have been implemented to accelerate public investment disbursement, including permitting direct procurement, transforming PPP projects into public investment projects, etc.

Brunei Darussalam 11 11 - Other Economic Measures BND
Cambodia 11 11 - Other Economic Measures KHR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 13 April 2020).

No amount/estimate: April, The government has ordered the suspension of white rice exports, to secure domestic supplies.

Indonesia 11 11 - Other Economic Measures IDR WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 28 April 2020).

(i) Effective 18 March 2020 to 31 May 2020, Temporary elimination of import certification requirements on imports of onions and garlic, (ii) Effective 18 March 2020 to 30 June 2020, Temporary export ban on antiseptic, raw materials to fabricate masks, personal protective equipment (PPE), ethyl alcohol and masks.

Lao PDR 11 11 - Other Economic Measures LAK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020).

April, Cuts in administrative expenses by at least 10% of annual budget have been approved and intentions to cut unnecessary spending in proportion to revenue shortfall has been signaled.

Malaysia 11 11 - Other Economic Measures MYR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020).

March 23, The SC and Bursa Malaysia suspended short-selling until April 30.

Myanmar 11 11 - Other Economic Measures MMK
Netherlands 11 11 - Other Economic Measures EUR
Philippines 11 11 - Other Economic Measures PHP Department of Finance; WTO. https://www.wto.org/english/tratop_e/covid19_e/covid_measures_e.pdf (accessed 19 April 2020).

(i) Healthcare equipment and supplies exempted from import duties, taxes and other fees, due to the COVID19 pandemic; (ii) PHP2.9 billion assistance from Philippine Amusement and Gaming Corporation (PAGCOR) and Philippine Charity Sweepstakes Office (PCSO) is intended for the purchase of medical equipment and supplies (See (i) in Health of Measure 5); (iii) Banks are also expected to suspend all fees and charges imposed on online banking platforms during the period of regulatory relief.

Singapore 11 11 - Other Economic Measures SGD
Thailand 11 11 - Other Economic Measures THB
Timor-Leste 11 11 - Other Economic Measures USD
Viet Nam 11 11 - Other Economic Measures VND IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 16 April 2020).

(i) On March 31, the State Bank of Vietnam instructed Credit Institutions (CIs) to actively reduce bonus and salary, cut other operating costs, timely adjust business plan (including not pay dividend in cash), and use the saved resources to reduce interests; (ii) Several fees for securities services have been also reduced or made exempt between March 19 and August 31 to support the stock market.