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Philippines: Rice, oil, power bump up April inflation – BSP

MANILA, Philippines — Inflation likely accelerated in April at a range of 3.9 to 4.7 percent due to higher rice prices, rising pump prices of petroleum products and more expensive electricity rates, the Bangko Sentral ng Pilipinas (BSP) said yesterday. The central bank’s Department of Economic Research said last month’s inflation forecast was higher than […]

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Thailand: New data law aimed at ensuring privacy

Thai citizens’ data privacy is expected to be secured with the Data Protection Act’s enforcement this year after being approved by the cabinet this month.  The Electronic Transactions Development Agency (ETDA) will be responsible for the temporary Data Protection Knowledge Centre to educate the public about data privacy protection. Prior to the Cybersecurity Act, ETDA will […]

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Indonesia: Government to issue regulation on online pharmacies

The Health Ministry is drafting a regulation on online pharmacies in a bid to contain sales of unlicensed medicines. Under the draft regulation, only licensed offline pharmacies, drug wholesalers (PBF) and drugstores would be allowed to establish e-pharmacy businesses, said the Food and Drug Monitoring Agency’s (BPOM) distribution and service monitoring director, Hardaningsih. “By allowing […]

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Indonesia braces for rising oil prices

As oil prices continue to rise, the government is set to push for more subsidies for those in need in an attempt to stabilize the economy. Finance Minister Sri Mulyani Indrawati said that the rising price of oil would put pressure on the economy as a hike in fuel prices would likely lead to a hike in prices […]

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