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Philippines: BOP deficit widens to $531 M in Jan

MANILA, Philippines — The Philippines booked a balance of payments (BOP) deficit amounting to $531 million in January amid strong outflows, reversing the $917 million surplus recorded in December. Data from the Bangko Sentral ng Pilipinas (BSP) showed the shortfall last month was the highest since the country recorded a BOP deficit of $678 million […]

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Cambodia: Government plans to inspect employers of foreigners

The government will strengthen its inspection of employers to ensure they have work permits and proper paperwork for their foreign employees, according to an announcement from the Ministry of Interior and Ministry of Labour released earlier this week. Inspection teams will visit businesses, NGOs, casinos and entertainment venues to ensure business owners are following the […]

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Thailand: Export growth highest in 62 months

The value of exports rose by 17.56% year on year in January, the largest increment in 62 months, Commerce Minister Sontirat Sontijirawong said on Wednesday. Exports last month were estimated at US$20.10 billion. It made a good start for this year and the baht’s appreciation had no impact, he said. “The target export growth for […]

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