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Thai bourse sees uptick as inflation worries deflate

The Thai stock market rose 1.43% to close at 1,667.92 points on Wednesday, in line with global markets, as inflation worries eased following reports of a lower than expected US producer price index (PPI), falling crude oil prices and progress in peace talks between Russia and Ukraine. The Nikkei 225 opened at 25,574.90 points, up […]

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Malaysia permits chicken imports but prices increase further

To address the supply shortage and stabilise the price of chicken the Malaysian government will continue to issue import permits for frozen whole chicken despite the subsidies given to poultry farmers. Malaysia’s deputy agriculture and food industries minister, Ahmad Hamzah: “We do not recommend that producers stop or reduce chicken imports because in the long […]

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Philippines: OFW remittances continue to climb in January

MANILA, Philippines — Dollars sent home by expatriate Filipinos continued to rise for 12 straight months, growing by 2.5 percent in January, amid the redeployment of more overseas Filipino workers (OFWs) as host countries reopen their borders from strict COVID lockdown measures, according  to the Bangko Sentral ng Pilipinas (BSP). Personal remittances from Filipinos abroad […]

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