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Thailand: FPO asks BoT to drop interest rate

The Finance Ministry has urged the Bank of Thailand to slash the policy rate by 50 basis points to help stimulate the economy and curb speculative inflows. Fiscal Policy Office deputy director-general Warotai Kosolpistkul said the ministry’s think tank also asked the central bank to abandon inflation-targeting as its monetary policy framework amid low inflation. […]

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Philippines: Exporters nix shorter work week

MANILA, Philippines — The Philippine Exporters Confederation Inc. (Philexport) is opposing the need for a law implementing a compressed work week as it appeals for a status quo, wherein employers are allowed to decide the suitable work hours for their employees considering the ecosystem within which they operate. “We suggest that the status quo be […]

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Singapore-listed firms enjoy Asean boom

Singapore-listed counters with exposure to the Asean region have prospered this year, with more opportunities up for grabs from China’s One Belt, One Road drive. About 25 per cent of the market here comprises industrials, materials and utilities stocks which derive at least 20 per cent of their revenue from operations in the South-east Asian […]

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