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Philippines: More aggressive rate hikes seen

MANILA, Philippines — The research units of the Moody’s Group and Fitch Group see the need for more aggressive rate hikes from the Bangko Sentral ng Pilipinas (BSP) to anchor inflation expectations and temper the depreciation of the peso. In its Asia-Pacific weekly highlights, Moody’s Analytics said the Monetary Board needs to aggressively tighten the […]

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Vietnam: Retail giants to sell low-cost products

With powerful financial resources, big retailers are organizing retail chains that sell a wide variety of lower priced goods. Mobile World Group (MWG) has joined the market of technology accessories. The retailer now sells portable smartphone charger, earphones, speakers and keyboards. MWG is the first retail chain joining the technology accessory retail segment, which had […]

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Cambodia: Kingdom focuses on economic diplomacy to boost growth

Cambodia has promoted economic diplomacy to attract investors, businessmen, and tourists as the country’s socio-economic activities have been resumed. The Ministry of Foreign Affairs and International Cooperation organised a national consultation workshop on ‘economic diplomacy in the new normal’ with support from China’s Lancang-Mekong Cooperation (LMC) Special Fund yesterday. The workshop, held in a hybrid […]

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