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Philippine economy seen withstanding BSP’s rate hikes

MANILA, Philippines — A regional surveillance organization downplayed the impact of the Bangko Sentral ng Pilipinas’ rate hikes on economic recovery, arguing that there are signs that the economy could sustain its growth path. At a press conference on Tuesday, experts at ASEAN+3 Macroeconomic Research Office (AMRO) hiked their growth forecast for the domestic economy to 6.9% […]

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Malaysia still most preferred market for retail investors

KUALA LUMPUR: Malaysia continues to be the most preferred market for retail investors to invest in this year, according to the 2022 CGS-CIMB retail investors’ sentiment survey. The survey, which was conducted from June 13-22 and included some 1,068 Malaysian participants, revealed that 63% of the retail investors picked Malaysia as their most preferred market […]

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Singapore does not expect recession in 2023

CNA – Singapore does not expect its economy to slip into a recession or stagflation next year, said Minister of State for Trade and Industry Alvin Tan in Parliament yesterday, although he warned that globally, “significant” headwinds remain. So far this year, local economic activity has remained “resilient” despite rising inflation, he added in a […]

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New trade deal expected to boost Indonesia’s exports to Middle East

The Agreement on the Indonesia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (IUAE-CEPA) is expected to boost trade and Indonesia’s investment performance with Gulf and Middle Eastern countries. Jakarta (VNA) – The Agreement on the Indonesia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (IUAE-CEPA) is expected to boost trade and Indonesia’s investment performance with Gulf and Middle Eastern […]

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