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Monetary tightening faces challenges – Bank of Thailand

Thailand’s rate committee stuck by a pledge that monetary tightening would be gradual and measured, but noted it could be adjusted should the growth and inflation outlook shift from assessments, minutes of the meeting showed on Wednesday. The minutes said monetary policy would face greater challenges in the period ahead, given a tradeoff between tackling inflation […]

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Vietnam’s labor market bounces back

Vietnam’s labor market has improved, sending goods news to workers being laid off in the final quarter of last year due to a shortfall of new orders faced by their companies. The Hanoi Center for Employment Services, in cooperation with job centers in six neighboring provinces, will hold job bazaars to match job supply with […]

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Indonesia: High Economic Growth Not Significantly Drop Poverty Rate; Bappenas Explains

TEMPO.CO, Jakarta – Head of the National Planning Agency (Bappenas) Suharso Monoarfa acknowledged that high economic growth did not significantly lower the poverty rate. According to him, this was because of disruptions in the economy. The reduction in the poverty rate, he argued, was not substantial considering job creation was also not linear with economic growth. This occurred due to […]

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