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Philippines: Foreign think tank sees 25 bps cut

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may  bring the key interest rate  down  to 1.75 percent by year-end to support the economy amid the pandemic, according to London-based macroeconomy research firm Capital Economics.  In a report, the think tank said the BSP may cut the main policy rate by 25 basis points […]

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Thailand: Opportunity knocks

Although sentiment among consumers and investors has not recovered from bruises of the Covid-19 pandemic, the business world is seeing more mergers and acquisitions (M&A) as conglomerates are taking advantage of the economic slowdown to restructure their businesses or capture prime assets at a discounted rate. Funding for the deals depends on a company’s financial […]

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Philippines – BSP: More layoffs loom in Q4

MANILA, Philippines — More companies may lay off workers as they shelve expansion plans for the fourth quarter and over the next 12 months as the economy took a downturn due to the implementation of mobility restrictions  to curb the spread of the coronavirus pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Redentor Paolo […]

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