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Philippines: Government infrastructure spending hits nearly P200 billion in 3 months

MANILA, Philippines —  The government increased its infrastructure spending to almost P200 billion in the first quarter, mainly to finance road and rail projects, the Department of Budget and Management (DBM) said. Based on the latest national government disbursement performance report of the DBM, state infrastructure expenditure and other capital outlays inched up by 7.3 […]

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Vietnam: Interest rates fall, cash expected to flow

The State Bank of Vietnam (SBV) has, for the third time this year, decided to ease some operating interest rates in an effort to force down commercial lending interest rates. The business community has been waiting for interest rates a long time. The operating interest rate has been reduced by another 0.5 percent per annum, […]

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