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Philippines: 2021 GDP growth seen at 6.3 percent

The Philippine economy likely grew by more than 6 percent in the fourth quarter of 2021, bringing the year-to-date growth to 5.2 percent as eased quarantine restrictions pushed up household consumption, analysts polled by The Manila Times said. Projections for the period ranged from 5.3 to 7.0 percent with a 6.3-percent average, slower than the 7.1-percent expansion […]

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Singapore’s headline inflation rose to 4% in December, prompts review of 2022 forecasts

SINGAPORE’S headline inflation rose to 4 per cent in December, exceeding economists’ expectations and prompting the authorities to review their 2022 forecasts. December’s figure exceeded economists’ expectations of 3.7 per cent, beating November’s previous high of 3.8 per cent, the latest consumer price data from the Monetary Authority of Singapore (MAS) and the Ministry of […]

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