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Thailand – NESDB: Room for growth for social enterprises

THAILAND’S social enterprises have been facing issues of sustainability and limited ability to have a positive social impact, but they have plenty of room to grow, the National Economic and Social Development Board said. To promote social enterprise is part of the government’s 20-year national strategy, aiming to narrow the income gap between the rich […]

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Stable outlook for Singapore banks

Moody’s Investors Service says that the outlook for the banking system in Singapore (Aaa stable) is stable over the next 12-18 months. “Healthy economic growth will support the banks’ assets quality, while higher interest rates and a decrease in impairment allowances will also lift profitability,” says Eugene Tarzimanov, a Moody’s Vice President and Senior Credit […]

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Philippines: DOF sees 4.9% inflation in May

MANILA, Philippines — Inflation likely further accelerated to 4.9 percent in May due to increased prices of food, transportation, and sin products, the Department of Finance (DOF) said over the weekend. In its latest economic bulletin, the DOF said inflation last month may have settled at 4.9 percent, the highest since 2013 under the 2012 […]

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