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Laos: Inflation rate climbs above 3 percent

The Lao inflation rate continued to increase above 3 percent in September despite the government introducing a number of measures to control the price of goods in local markets. The Lao National Statistics Bureau announced this week that the Consumer Price Index (CPI) reached 105.73 points in September, increasing from 104.96 points in August.  The […]

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Philippines: No more rate hikes possible in 2018

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may take a breather after raising interest rates by a total of 150 basis points in four consecutive rate-setting meetings since May to anchor rising inflationary expectations. “If there are signs that inflation is already abating as measured by the month-on-month, we may take a pause. […]

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Malaysia: Govt reopens discussions over foreign insurers full ownership: FT

KUALA LUMPUR: The federal government is reported to have reopened discussions to do away with the requirement that foreign insurers reduce their shareholdings in their domestic operations. According to the Financial Times on Wednesday, the government had reopened talks to allow foreign insurance companies to maintain full ownership of domestic insurers.  Last year, global insurers […]

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