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Philippines: BSP chief sees below 2% inflation in Q3

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said inflation may ease below two percent in the third quarter, giving monetary authorities more room to cut interest rates further. BSP Governor Benjamin Diokno said in an interview inflation in the third quarter may drop further compared to the second quarter figure. “If we just […]

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Vietnam named among world’s top ten destinations for expats

The Hanoitimes – Many receive salary increases which, given the relatively low cost of living, provide them with far more spending power to enjoy everything the country has to offer. Vietnam ranked 10th in HSBC’s list of top ten destinations for expatriates, climbing eight ranks from the 18th last year, according to HSBC’s latest Expat Explorer […]

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Singapore IT grads expecting 20% higher pay than business, engineering peers: poll

SALARY expectations among Singaporean students have been rising steadily year on year, with IT graduates expecting about S$4,500 per month, an annual survey by employer branding firm Universum shows. In particular, salary expectations among IT graduates are significantly higher compared to business and engineering  students, echoing an “increased demand for a very low supply of technical and digital talent […]

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Thailand: Plastic not so fantastic

Retailers in Thailand are making a concerted effort in refusing to provide plastic bags to shoppers. The Mall Group has completely stopped handing out plastic bags at its department stores, while Tesco Lotus started a plastic-bag-free campaign at some branches. Almost all business units under Central Group are now plastic-bag-free stores. The moves come amid […]

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Pahamin: No job cuts in Malaysia Airlines

PETALING JAYA: Datuk Pahamin Ab Rajab and his five partners who are keen to take over Malaysia Airlines Bhd have given their assurance that there will be no job cuts should their plan to turn the ailing airline around be accepted by the government. The offer through their vehicle, Najah Air Sdn Bhd, has proof […]

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Thailand – BAY: Use fiscal tools for stimulus

Fiscal policy should play a larger role than monetary policy in lifting the country, given that the 2019 mid-year fiscal budget amounting to 90 billion baht is sufficient despite the delay in the new government’s formation, says a senior official at Bank of Ayudhya (BAY). Tak Bunnag, head of the global markets group, said fiscal […]

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