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Philippines: Prices of building materials up in March

MANILA, Philippines — Retail prices of construction materials in the capital region slightly went up in March, the Philippine Statistics Authority (PSA) said. The Construction Materials Retail Price Index (CMRPI) in the National Capital Region moved upward to 1.2 percent from 1.1 percent in February. It is also much faster than the 0.9 percent recorded […]

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Thailand: Fresh wave threatens media spending

Thailand’s media spending is expected to grow less than 5% in 2021, down from a previous estimate of 8-10% following a fresh wave of the pandemic, says Media Intelligence (MI), a media planning and creative agency. A contraction could happen if the outbreak is severe and lasts a few months, said MI. “The third wave […]

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Vietnam no longer labeled as currency manipulator: US Treasury

The US Treasury of Department would continue its enhanced engagement with Vietnam. There is insufficient evidence to make a finding that Vietnam manipulates its exchange rate for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade. US Department of Treasury made the statement in its latest report on […]

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Cambodia: Profiteering, hoarding and artificial shortages of essential food supplies during Lockdown

The leak of Prime Minister’s voice message on Tuesday 5pm, caused mass panic as hordes of people stormed (peacefully) supermarkets, grocery stores, mini marts and wet markets, rushing to buy food and other essentials and surprisingly, non-essential stuff too. This gives rise to speculations that the leak could have been perpetrated by people with sinister […]

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