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Philippines: Inflation slows to 4.1% as transport costs ease

MANILA, Philippines — Price increases in basic goods and services eased in June, the slowest pace in six months, as transport costs decelerated with base effects fading from last year’s pandemic-related restrictions despite still elevated global oil prices. Headline inflation the rate of increase in the consumer price index slid to 4.1 percent in June […]

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Thailand: Fetco suggests government raise public debt ceiling

The Federation of Thai Capital Market Organizations (Fetco) has suggested the government consider raising the public debt ceiling from 60% of GDP because the country requires more economic relief funds amid a worsening pandemic and the possibility of a delayed reopening. Paiboon Nalinthrangkurn, chairman of Fetco, said Thailand’s public debt is likely to surpass the […]

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