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Philippines: BSP extends relief measures for banks

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has extended relief measures for banks to help sustain credit growth, and at the same time provide continued access to financial services to vulnerable sectors of the economy amid the resurgence in COVID- infections due to the more contagious Omicron variant. BSP Deputy Governor Chuchi Fonacier […]

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Thailand: Commerce plans export promotions

The Commerce Ministry looks set to organise 152 export promotional activities and ramp up mini free trade agreements (mini-FTAs) with potential trading partners to stimulate export growth of 3-4% this year. Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, said the ministry aims to drive export promotional activities both offline and online in […]

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USD/IDR Price News: Rupiah sits at daily lows near 14, 370 on Indonesian FinMin comments

Indonesian Finance Minister Sri Mulyani Indrawati said on Wednesday, “the risks to the economy in 2022 and 2023 include tapering in us and EU, China economic policy, supply disruption.” Additional comments “High commodity prices have begun to affect Indonesia’s inflation, but inflation now still mild.” “Indonesia consumption and production have returned to pre-pandemic levels.” “Indonesia […]

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