MANILA, Philippines — Demand for the government’s short-term securities declined for the sixth consecutive week amid signals of continued rate hikes from the Bangko Sentral ng Pilipinas (BSP) as inflation remains stubbornly high. The Bureau of the Treasury yesterday made a partial award of P9.71 billion in T-bills, short of the P15 billion target. This […]
Read MoreTo make people financially literate and educated, the government of Cambodia has been making sustained efforts for some time. As a part of the plan, the country’s central bank and the association of microfinance institutions came together to launch a financial literacy project, recently. For common people, some of the basic elements of financial literacy […]
Read MorePETALING JAYA: “Inisiatif Pendapatan Rakyat” (IPR) or the People’s Income Initiative and “Menu Rahmah” are among the government’s strategic steps to beat food-outside-the-home inflation, says Economy Minister Rafizi Ramli. The minister said inflation for food outside the home had improved slightly from 9.6% in December 2022 to 9.3% in January 2023. “Although for me, the […]
Read MoreThe headline consumer price index (CPI) rose 3.79% in February from a year earlier, less than analyst forecasts, due mainly to lower energy and food prices, Commerce Ministry data showed on Tuesday. The reading compared with a forecast for a 4.18% rise in February in a Reuters poll, and followed January’s 5.02% increase. The core CPI […]
Read MoreSINGAPORE – The guys often depicted as gawky geeks in movies got the last laugh in recent years – and probably all the way to the bank. Competition for tech talent drove up salaries in the sector in Singapore last year, though the rise of artificial intelligence (AI) may reshape the types of skills in demand. […]
Read MoreJAKARTA: Indonesia’s inflation will remain above 5% in the first half of 2023 and below 4% in the second half, mainly due to high food prices, central bank governor Perry Warjiyo says, warning that the fight to control inflation must continue. “The game is not over, let us together anticipate inflation mainly food inflation,” Perry […]
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