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Philippines: BSP lowers inflation expectation for June

MANILA, Philippines — Inflation likely eased to 4.3 percent in June after a three-month stay at 4.5 percent amid the decline in food prices as supply side shocks have been addressed, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno expects inflation to settle at 4.3 percent in June. “Higher prices of domestic […]

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Thailand: Fresh bid to lower the cost of living

The Commerce Ministry on Wednesday launched a fresh month-long discount campaign running until the end of July to help reduce the cost of living for people nationwide who buy products and services online. Presiding over the launch of the latest campaign, Commerce Minister Jurin Laksanawisit said the campaign will offer a steep discount of up […]

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Cambodia: New firms commence garbage collection in Phnom Penh

Three companies granted rights to collect and transport garbage in Phnom Penh commence their duties today, according to Phnom Penh City Hall. The announcement cited that some inconvenience in service level  is expected initially. The official start of the new garbage collection system comes nearly two years after the government revoked the licence of Cintri, […]

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Philippines: Lockdown rollback tempers unemployment rate in May

MANILA, Philippines — The proportion of Filipinos who were either jobless or out of business dropped in May, as a rollback of pandemic restrictions allowed some people to get their jobs back and secure longer working hours. There were 3.73 million Filipinos who were unemployed in May, the Philippine Statistics Authority reported Thursday. That count translates to […]

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