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Singapore’s economy poised for further growth as global demand shifts to Asean: panellists

Singapore’s economy is poised for expansion as global demand shifts to Asean countries, largely due to supply chain disruptions, geopolitical conflicts and China’s zero-Covid policy, speakers at a panel discussion said on Wednesday (June 8). Chua Hak Bin, the co-head of macro research at Maybank’s investment banking group, said the reopening of borders in South-east […]

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Malaysia: Private consumption growth faces headwinds

KUALA LUMPUR: There are potential headwinds that could moderate private consumption growth in Malaysia to around 6.5% in the second half of 2022 (2H22) and 2023, according to UOB’s Global Economics and Markets Research unit. It said higher global uncertainties, rebalancing of household expenditure amid weaker household balance sheet, expiry of pandemic policy measures by […]

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Thailand: Inflation fuels fears of foreign exit

Securities analysts expect foreign funds to exit the Thai stock market after inflation jumped to a 13-year high of 7.1% in May, with the Bank of Thailand having to deal with rising prices, potential interest rate hikes and an economic slowdown. Pipat Luengnaruemitchai, chief economist at KKP Research, a research house under Kiatnakin Phatra Financial […]

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