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Philippines: Inflation seen to taper off in H2

MANILA, Philippines — Inflation in Asia Pacific, including the Philippines, will begin to taper off by the second half of the year as supply side disruptions are slowly addressed. In its latest research brief, London-based Oxford Economics said inflationary pressures would  turn modest beyond the second quarter amid government efforts to manage prices and an […]

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Thailand: Lazada, Shopee duke it out

E-commerce giants Lazada and Shopee are locked in a fierce battle to stimulate online shopping demand and attract new buyers embarking on the platforms amid an economic stalemate while the season of festive sales is just around the corner. Thailand’s e-commerce surged 81% year-on-year to 294 billion baht in 2020, according to a report commissioned […]

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Philippines: BSP hints at rate pause

MANILA, Philippines — Monetary authorities are likely to maintain interest rates at record lows  as the economy has yet to recover from the impact of the COVID-19 pandemic, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In his weekly online press briefing, Diokno said the withdrawal of liquidity-enhancing policy measures is unlikely this […]

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Cambodia: Three Battambang border gates open

Cambodia and Thailand agreed to reopen three regional border checkpoints in Battambang province on March 23 to facilitate trade. Battambang Provincial Administration deputy governor Soeum Bunrith told The Post the following day that goods began to flow across the checkpoints on the same day of the agreement. He identified the crossings as O’Anlok in Kamrieng […]

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