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Malaysia: Study to review items in CPI basket of goods

KUALA LUMPUR: The Statistics Department is carrying out a study on income patterns and basic facilities, which are important elements in the review of the Consumer Price Index (CPI), which will be held next year on the country’s inflation rate, according to chief statistician Datuk Seri Mohd Uzir Mahidin. Uzir said income pattern would have […]

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Thailand: Ministry eyes steps to spur spending

The Finance Ministry is considering new measures to encourage spending in a bid to maintain the Thai economic recovery, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO). He said the ministry will consult the FPO on the possible measures soon. Mr Pornchai added that he expects other ministries to unveil their own measures to […]

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Philippines: Government says painfully high inflation to temper growth in 2023

MANILA, Philippines — The Marcos Jr. administration projected on Tuesday that the Philippines’ economic growth will be tempered next year, especially since they expect the country will be at the mercy of global headwinds that stoked inflation.  This is what the public should expect, according to Socioeconomic Planning Secretary Arsenio Balisacan, since global headwinds led […]

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Joblessness in Cambodia to stay around 2% in 2023

The unemployment rate in Cambodia is expected to reach 2 percent by the end of 2022, according to Trading Economics global macro models and analysts’ expectations. In 2023, Cambodia’s unemployment rate is projected to trend around 2 percent and 0.90 percent in 2024, according to the projections of the econometric models. In the third quarter […]

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