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Brunei: Special pass for frequent cross border travellers

A special Frequent Commuters Pass (FCP) arrangement has been introduced for frequent commuters crossing the border, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah. “There are those who travel frequently across the border, such as workers who commute […]

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Singapore central bank seen keeping monetary policy

SINGAPORE: Singapore’s central bank will likely keep policy settings steady in October on hopes the economy will recover as the financial hub further loosens coronavirus curbs and on expectations fiscal policy will be the main driver of a rebound, a Reuters poll showed. The Monetary Authority of Singapore (MAS) will keep its monetary policy settings […]

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Thailand: BJC cuts back on investment into 2023

In keeping with projections that the economy will take about three years to fully recover, Berli Jucker (BJC) has lowered its retail investment for the next three years. Aswin Chareonvikul, chief executive of the SET-listed consumer goods maker and operator of Big C hypermarkets, said yearly spending for Big C Supercenter will be cut to […]

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Thailand: Manufacturing ticks up again in August

Thailand’s manufacturing production index (MPI) in August rose for the fourth consecutive month, increasing by 4.8% from July to 91.43 points. The increase, which was mainly driven by high demand for fertilisers, home appliances and canned food as well as furniture exports, follows a prediction by Industry Minister Suriya Jungrungreangkit, who earlier said Thai industry […]

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