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Vietnam gov’t sticks to target to tame inflation at 4%

The Hanoitimes – While the inflationary pressure, especially driven by hikes in prices of oil and food, devalues some currencies, Vietnam’s inflation target would remain unchanged. With the average consumer price index (CPI) expanding 4.19% in the first six months of 2020, the target of curbing inflation below 4% set for this year remains feasible, according […]

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Philippines: Factories hike output in June

MANILA, Philippines  — Manufacturing conditions in the country stabilized in June as manufacturers raised output for the first time since February, according to the latest IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI). The headline manufacturing PMI for the Philippines rose from 40.1 in May to 49.7 in June, just below the neutral 50 mark […]

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Thailand: Buyers’ new priorities

The work-from-home trend, transport route expansion and health-conscious living will become major factors in shaping expectations in the Thai residential market as a result of the Covid-19 outbreak, according to CBRE Thailand. In the near term, condominium developers are focusing on clearing out their unsold inventory while the detached housing market continues to attract end-user […]

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