phil02
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Philippines – BSP: Expansionary monetary support still warranted

MANILA, Philippines — An expansionary monetary support remains warranted as the reimposition of strict mobility restrictions may impede the country’s faster recovery from the pandemic-induced recession, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In a virtual forum, Diokno said the Monetary Board is likely to keep its monetary policy accommodative in support […]

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indo01
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Indonesia’s FDI inflows up in Q1

JAKARTA: Foreign direct investment (FDI) into Indonesia rose 14% in rupiah terms in the first three months of 2021 on the year, data from investment board BKPM showed on Monday. FDI stood at 111.7 trillion rupiah ($7.72 billion) for the period from January to March, it added. Including domestic investment, total direct investment in the […]

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