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Philippines: Inflation slows to 1.7% in Aug

MANILA, Philippines — Growth in consumer prices decelerated to 1.7 percent in August, the lowest in almost three years, mostly due to the continued slowdown in the price hike of the heavily weighted food and non-alcoholic beverages as well as housing and utilities, the Philippine Statistics Authority (PSA) reported yesterday. The headline inflation rate for […]

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Brunei: Unemployment rate drops to 8.7pc

The unemployment rate in 2018 decreased to 8.7 per cent from 9.3 per cent in 2017, according to the Department of Economic Planning and Development (JPKE), Ministry of Finance and Economy (MoFE). The department in a report of Summary Findings of the Labour Force Survey (LFS) 2018, stated that the distribution of employed persons by […]

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Laos to Develop Gold Mine in Xaysomboun

Laos, home to one of the largest gold mines in the world, is set to see a new gold mine operation commence in Xaysomboun Province, with a feasibility study and exploration already underway. The new gold mine project involves the development of infrastructure and other facilities at a 234.6 square kilometer site at Naty Village […]

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Thailand: Confidence at lowest ebb in August

Consumer confidence plunged to the lowest level in 33 months in August as people fretted over domestic political stability, slowing economic growth and global economic uncertainty. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index fell to 73.6 points last month from 75 in July, […]

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