sin01
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Singapore: Economists see no further MAS tightening in April

WITH the United States Federal Reserve signalling a pause in interest rate hikes and both domestic growth and core inflation easing, economists expect the Monetary Authority of Singapore (MAS) to also pause at this month’s half-yearly policy review, with no further tightening as yet. February’s core inflation reading was 1.5 per cent year on year, down from […]

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Abdul Rasheed Ghaffour1
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Malaysia: Private sector has role to play in affordable housing

KUALA LUMPUR: Bank Negara Deputy Governor Abdul Rasheed Ghaffour has called on industry players in the private sector to play a role in supporting the national agenda for more affordable homes. Speaking at the Cagamas-World Bank Affordable Housing Conference, Abdul Rasheed said property developers, as core industry players, should provide homes at affordable prices to […]

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Myanmar: Commercial tax on mobile handsets to be levied

Consumers will have to pay a 5 percent commercial tax when buying mobile handsets and related accessories from June 1 onwards, the Internal Revenue Department (IRD) announced on April 1.  The taxes will be levied based on the total sales value of the purchase and collected by the vendor. Consumers will receive a stamped voucher to […]

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