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Vietnam: Petrol prices fall but savings not passed on to goods

Experts gathered in Hanoi on August 4 to discuss how to deal with the continuing high prices of commodities in Vietnam despite petrol prices being reduced. Experts gathered in Hanoi on August 4 to discuss how to deal with the continuing high prices of commodities in Vietnam despite petrol prices being reduced. At a seminar held by the Government Portal, representatives […]

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Philippines: Economists forecast over 8% growth in Q2

MANILA, Philippines — Most economists expect the country’s economy to have expanded by over eight percent in the second quarter, supported by the reopening of the economy and election spending. A STAR poll of eight economists showed six have a gross domestic product (GDP) growth forecast of over eight percent for the second quarter. The […]

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Thailand: Testing of Retail CBDC to begin at year-end

The Bank of Thailand expects to begin testing its retail digital currency at the end of this year and the process will continue through mid-2023. According to a statement issued yesterday on the progress of the Retail Central Bank Digital Currency (Retail CBDC) development, the central bank will assess the benefits and risks from the pilot […]

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