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Singapore’s central bank ‘ready to act’ against inflation risks: Ravi Menon

SINGAPORE (BLOOMBERG) – Singapore’s top central banker has said the monetary authority is watching for signs of accelerating inflation and is ready to act, underscoring how policymakers globally are refocusing attention on rising prices after their extraordinary efforts to weather the pandemic. “Overall, I would say the balance of risk has shifted towards inflation,” Mr […]

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Laos aims to collect 98% revenue target for 2021

In the first 10 months of this year the Lao government has collected 20.436 trillion kip ($2.0 billion) in contributions to the state budget, equal to 74 per cent of the revised target figure of 27.629 trillion kip approved by the National Assembly (NA). Based on the amount collected so far, the Ministry of Finance […]

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Singapore: Manufacturing sector continues to expand, though cost pressures intensify for firms

SINGAPORE – The manufacturing sector has continued to expand even though cost pressures are intensifying for local companies, in particular, those in the electronics sector. Overall, the manufacturing sector has now recorded 16 months of consecutive growth, according to data from the Singapore Institute of Purchasing and Materials Management (SIPMM) that was released on Tuesday […]

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