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1 in 2 S’pore residents say they cannot cope financially in event of illness or job loss: Survey

SINGAPORE – With people living longer lives on average, achieving financial security for one’s old age has grown more challenging. A study commissioned by Prudential Singapore found that the Covid-19 pandemic has put further strain on Singaporeans’ financial planning. Two reports were released on Monday (Sept 27) covering the the topics of financial planning amid […]

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Philippines: Property prices continue to drop

MANILA, Philippines — The year-long slump in the prices of condominium units dampened the national housing prices for the second straight quarter amid weak demand caused by the impact of the pandemic. The Bangko Sentral ng Pilipinas (BSP) said the prices of condominium units fell for the fourth straight quarter, contracting by 14.3 percent in […]

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Thailand: Reopening faces more hurdles

Prime Minister Prayut Chan-o-cha’s vow on June 16 to reopen Thailand by mid-October can be deemed a failure as only a few islands are welcoming vaccinated foreigners. Five major tourist destinations — Chiang Mai, Chon Buri, Hua Hin, Phetchaburi and Bangkok — were scheduled to reopen on Oct 1, but a Centre for Covid-19 Situation […]

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Cambodia: PAS extends export-container demurrage

Sihanoukville Autonomous Port (PAS) is extending the storage grace period from five to seven days from October 1 for export containers passing through the Kingdom’s sole deep-sea port, in a move met with generally positive response from local exporters. The two-day extension of the demurrage-free period was motivated by a meeting between PAS and representatives […]

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Philippines: Wholesale prices spike in July

MANILA, Philippines — The nationwide wholesale prices of consumer goods rose to an 18-month high in July, the Philippine Statistics Authority (PSA) said. The General Wholesale Price Index (GWPI) in the Philippines grew at 2.9 percent in July, faster than the 2.2 percent rate in June. This is also much quicker than the growth of […]

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