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Singapore’s Consumer Prices Rise 4.0% on Year in January

SINGAPORE–Singapore’s consumer prices rose at the same on-year pace in January as in December, as a moderation in private transport costs increase offset higher core and accommodation inflation. The consumer price index for January rose 4.0% compared with the same period a year before, the Department of Statistics said Wednesday. That was slightly below the […]

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Philippines: BPI sees rebound in consumer loans

MANILA, Philippines — Ayala-owned Bank of the Philippine Islands (BPI) expects its consumer loan portfolio to expand this year on the back of an anticipated growth in consumption with the economy’s reopening. BPI executive vice president and consumer banking head Maria Cristina Go yesterday said the bank projects consumer borrowings to drive its loan growth […]

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Cambodia: Electric rates static amid Covid shocks

Cambodia was one of only nine countries and territories that saw no significant changes in electricity tariffs between 2019 and 2020, as the Covid-19 pandemic began to sweep across the globe. This is according to recent data posted on comparethemarket.com.au, an Australian price comparison website operated by Compare the Market Pty Ltd. Compare the Market […]

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Thailand: Govt urged to cut labour import cost

Businesses have appealed to the Labour Ministry to reduce the expenses involved in importing migrant workers and shore up labour shortages. Labour Minister Suchart Chomklin said so far labour imports via the memorandum of understandings (MoU) signed with neighbouring countries have missed their targets. Many business owners have sought to recruit migrant workers from Myanmar […]

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