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Malaysia: Challenges of an uneven economic recovery

AS the first quarter of 2022 comes to an end, Malaysia is about to see the opening of its borders come April 1, as we begin transitioning into the endemic phase. With most of the standard operating procedures (SOPs) greatly loosened, most businesses, except nightclubs and pubs, have resumed normal business operations. Things are looking […]

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Indonesia’s carbon tax rollout may face delays

JAKARTA (CNA) – Indonesia may delay rolling out its carbon tax on coal power plant emissions, officials said on Friday, as authorities have yet to finalise details a week before its April 1 start date. Under a sweeping law passed in October, Indonesia introduced a new levy for coal power plant operators of IDR30,000 (USD2.09) […]

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Vietnam: Obstacles stand in way of mobile money

Mobile money (MM) has not gained much popularity in the country among mobile phone users due to several shortcomings. Nguyen Son Hai, Deputy General Director of VNPT Media Corp., underlined MM’s monthly transaction limits of 10 million VND (437 USD) as a major downside discouraging clients. He said the limits were relatively low, not giving […]

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Philippines: Property prices further rise in Q4

MANILA, Philippines — Property prices nationwide rose for the second straight quarter in the fourth quarter of 2021 as the cost of owning a townhouse or a condominium jumped by double digits. According to the Residential Real Estate Price Index (RREPI), property rates across the country grew by 4.9 percent from October to December 2021, […]

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Malaysia: Concerns over recession-inflation

THE spectre of stagflation, or recession-inflation, looms large as high commodity prices stoke inflation while prospects for growth appear limited. To many, it looks like the surge in inflation is not proving transitory but “sticky and sustained” in what is called stagflation – high inflation and unemployment, and stagnant demand. Not helping the situation at […]

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