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Philippines: BSP expects inflation to ease until Q4

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects inflation to ease until the third or fourth quarter of the year before stabilizing next year due to high base last year. BSP Deputy Governor Diwa Guinigundo said the downward trajectory of inflation would continue this year before stabilizing at around three percent in 2020. […]

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Myanmar looks West

Myanmar has embarked on a campaign to revive flagging interest among European investors, after focusing mainly on Asian countries — the source of almost all the country’s foreign investment in the last two years.  “We are on the cusp of a new era of development,” Union Minister of Investment Thaung Tun told a large group of […]

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Philippines corporations may opt to retain corporate term

MANILA, Philippines — Corporations in the Philippines may still retain their specific corporate terms instead of having perpetual existence as now allowed by the Revised Corporation Code of the Philippines, according to the Securities and Exchange Commission. According to the SEC’s draft guidelines on corporate terms, a decision to retain the specific corporate term of […]

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Grab’s new policy infuriates Malaysians

Local rideshare users are up in arms over Grab Malaysia’s updated Passenger Cancellation Policy which goes into effect on March 25. The policy, which states that passengers who cancel rides five minutes after getting a driver will be charged a fee ranging from three to five ringgit ($0.74 to $1.23), spurred much disapproval on social […]

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