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Philippines: As oil prices surge, NEDA pushes transportation solutions

MANILA, Philippines — The government has suggested more innovative solutions such as active transportation to deal with rising oil prices, especially as the Ukraine-Russia conflict is expected to put further pressure on the commodity’s global costs. During Go Negosyo’s town hall webinar yesterday, the National Economic and Development Authority (NEDA) said oil supply and prices […]

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Most economists expect Singapore’s core inflation to stay above 2pc for 2022 after prices rose at fastest pace in nine years

SINGAPORE, Feb 24 — Most economists expect core inflation to hover above 2 per cent for the rest of the year, after Singapore recorded in January its highest year-on-year rise in this measure of the price of goods and services in almost a decade. Core inflation, which excludes accommodation and transport because these can bounce around unpredictably, […]

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Thailand: BoT strategy needs clearer objectives

The private sector agrees with the Bank of Thailand’s planned financial landscape that aims to create a sustainable digital economy, but the plan requires clearer objectives in certain areas. The central bank on Feb 1 issued a public consultation paper on “Repositioning Thailand’s Financial Sector for a Sustainable Digital Economy” to lay out its underlying […]

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