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Tokyo economy could face lockdown from few dozen virus cases

Bloomberg All it might take to shut down the mighty economic engine of Tokyo is a few dozen more mystery cases or a jump in infections into the hundreds rather than the thousands seen elsewhere in the world. Japan has remained relatively free of the pandemic that has turned New York into a ghost town and shuttered economies in Europe, ...

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Seoul plans handouts to cushion virus shock

Bloomberg Just two weeks after South Korea adopted one extra budget, President Moon Jae-in said another is already being planned to help insulate households against the impact of the coronavirus pandemic. The budget would provide payments to families below the top 30 percentile of income, with some four-person households getting about 1 million won ($815), Moon said on Monday at ...

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Philippines steps up food sufficiency measures

Bloomberg The Philippines identified additional measures to ensure sufficient food supply amid a month-long lockdown of the country’s main island of Luzon as it tries to contain the spread of the coronavirus outbreak. The government plans to import 300,000 metric tons of rice, if necessary, through state deals with Southeast Asian partners, or through sources such as India and Pakistan, ...

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