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Vietnam: Inflation bites

Dropping global consumption is a challenge for various industries in Vietnam and local businesses might lay off staff or scale down operations. Given runaway inflation and the U.S. dollar rise against the Vietnamese dong, the plunge in export orders for local manufacturers is expected to last until the first quarter of 2023. Layoffs and factory […]

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Malaysia: Short-term rates likely to remain stable

KUALA LUMPUR: Short-term rates are likely to remain stable this week on Bank Negara’s operations to absorb surplus liquidity from the cash market. During the week just ended, the central bank intervened on a daily basis to reduce excess funds from the financial system by conducting conventional money market tenders, reverse repo tenders, Qard tenders, […]

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