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Philippines: Q1 GDP to disappoint

MANILA, Philippines — Gross domestic product (GDP) likely inched up 0.8 percent in the January to March period, according to London-based think tank Capital Economics. “Given the spike in (COVID) cases and reintroduction of strict containment measures from the very end of March, first quarter GDP data are already news,” Capital Economics said in its […]

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Thailand third time unlucky

The third wave of the pandemic has unnerved businesses who previously believed they would be able to recover this year after Covid-19 walloped their income in 2020. Complicated by a more contagious UK Covid-19 strain, the third wave has seen more than 1,000 infections a day since April 14, with deaths climbing to double digits […]

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Philippines: Inflationary pressures persist

MANILA, Philippines — Even as the rise in the prices of consumer goods was tempered last month, inflationary pressures remain due to the normalization of oil prices and still elevated meat prices, according to the Department of Finance (DOF). In an economic bulletin over the weekend, Finance Undersecretary and chief economist Gil Beltran said base […]

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Survey shows top Malaysian employers still hiring

KUALA LUMPUR: A survey by LinkedIn has identified 15 top companies in Malaysia which have continued to hire new employees despite the ongoing pandemic that has severely affected business activities. According to GKK Consultants Sdn Bhd, the poll by the social networking website for business professionals revealed that more than 45,000 jobs are currently waiting […]

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