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Philippines: BSP has room to cut rates — Moody’s

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has enough policy space to totally unwind a tightening cycle that saw interest rates jump by 175 basis points in 2018, according to Moody’s Investors Service. Christian de Guzman, senior vice president at Moody’s, told The STAR the Bangko Sentral ng Pilipinas (BSP) has room to […]

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Can Singapore save the world from sinking?

NEARLY a third of the global financial centre of Singapore sits less than five meters above sea level. If global warming continues unabated, an area as large as 3,400 football fields in the centre of the small city-state could be inundated by 2100, flooding the vital business district and some of its most valuable infrastructure. […]

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Vietnam suffers first decline in 4 years in manufacturing activiy on Covid-19

The Hanoitimes – Covid-19 has severely hampered the Vietnamese manufacturing sector in February, both on the demand and supply side. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) fell below the 50 no-change mark in February, signaling a deterioration in business conditions and representing the first decline in over four years, according to Nikkei and […]

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Brunei Halal food enters Japanese market

Brunei-made Halal Japanese food products is making its way to the 2020 Tokyo Olympic Games and the Paralympic Games following the opening ceremony of BMC Food Industries Sdn Bhd yesterday. Minister of Primary Resources and Tourism Dato Seri Setia Awang Haji Ali bin Haji Apong was the guest of honour at the event at Radisson […]

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