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Philippines: Economic growth likely slowed in Q3

MANILA, Philippines — The country’s gross domestic product (GDP) growth likely slowed in the third quarter after easing to 7.4 percent in the second quarter from 8.2 percent in the first quarter, as inflation continues to bite, according to economists. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said the GDP expansion […]

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Thailand: An age-old dilemma

The government is under pressure after the cabinet approved a bill that allows foreigners to own land if they invest here, a policy that has been widely derided as “selling off” the country. The measure allows foreigners who obtain a long-term resident visa to buy up to one rai of land to build a house […]

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Vietnam: M&A deals hit US$5.7 bln during Jan-Oct

Merger and acquisition (M&A) activities carried out by Vietnamese enterprises were estimated to reach over US$1.3 billion during the January-October period. According to KPMG Viet Nam, M&A deals in Viet Nam reached US$5.7 billion over the last 10 months of the year, a year-on-year decrease of 35.3 percent. During the reviewed period, Singapore was the […]

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