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Philippines: Inflation eases to 7.6% in March

MANILA, Philippines — Inflation the rate of increase in the prices of consumer goods and services further eased in March due to slower upticks in food and transport costs, the Philippine Statistics Authority (PSA) reported yesterday. In a briefing, PSA chief Dennis Mapa said headline inflation slowed down to 7.6 percent in March from 8.6 […]

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Tax holiday for investments in Cambodia hi-tech sector

Investment in hi-tech industries in Cambodia can attract a tax holiday of nine years, according to Sam Chanmoney, an Official for Public Relations and Promotion of Private Investments, Council for the Development of Cambodia (CDC), yesterday. While making a presentation on investment opportunities in Cambodia for the benefit of a visiting high-level business delegation from […]

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Vietnam: Industrial production index fell in Q1

Among the sectors, the mining industry recorded the highest IIP decrease with 4.4 per cent. The processing and manufacturing industry followed with 2.4 per cent, while the electricity generation and distribution sector saw a decline of 1 per cent. HÀ NỘI – The first quarter of 2023 saw a decline of 2.2 per cent in […]

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Malaysia: ‘Dedollarisation’ is feasible

PETALING JAYA: Of late, the hot topic that is rapidly gaining pace is many countries, including Malaysia, are mulling the idea of reducing their trade dependency on the US dollar. Prime Minister Datuk Seri Anwar Ibrahim has also lent heavy support to the thought of reducing Malaysia’s dependency on the greenback in terms of attracting […]

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Thailand: Inflation forecast lowered for 2023

The Commerce Ministry has downgraded its headline inflation outlook for this year from a range of 2-3% to 1.7-2.7%, in line with economic conditions and falling energy prices. Wichanun Niwatjinda, deputy director-general of the Trade Policy and Strategy Office (TPSO), said the new forecast also assumes the Thai economy will grow at a rate of 2.7-3.7% […]

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