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Malaysia: Inflation inching up

PETALING JAYA: With most economists expecting inflation to increase in the coming months, all eyes are on the government’s plan to mitigate the impact on consumers’ purchasing power. As about 20 million Malaysians get ready to celebrate Hari Raya Aidilfitri in less than three weeks, concerns of costlier basic necessities in the market have been […]

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Thailand: Private sector girds for third wave

Business sectors are preparing to face a more critical impact than last year’s nationwide lockdown after a fresh wave of the contagion with more than 2,000 daily cases triggering stricter measures to contain the outbreak in Bangkok and other cities. Even though there is no order to close hotels in Bangkok, hospitality has been paralysed […]

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Philippines – BSP: Expansionary monetary support still warranted

MANILA, Philippines — An expansionary monetary support remains warranted as the reimposition of strict mobility restrictions may impede the country’s faster recovery from the pandemic-induced recession, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In a virtual forum, Diokno said the Monetary Board is likely to keep its monetary policy accommodative in support […]

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