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Philippines: Inflation to remain elevated

MANILA, Philippines — Inflation will continue to pick up in the next few months, hitting above government targets, but will eventually taper off by the second half of the year. In its weekly brief, London-based think tank Capital Economics said headline inflation – the rate of increase in the consumer price index – would remain […]

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63,000 Unemployed in Laos During Covid-19 Pandemic

Laos has an estimated 63,000 unemployed, including those already in the country and migrant workers who have returned to Laos due to the Covid-19 pandemic. According to a report by the KPL, the unemployment rate in Laos is expected to increase by 20 percent. Head of the Employment Promotion Department, Department of Skills Education and Employment, Mr. […]

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PM expects more Vietnamese multinationals to emerge by 2045

The Hanoitimes – Dialogue 2045 aims to realize the country’s desire for prosperity by 2045 as set out in the Resolution of the 13th National Party Congress. Vietnam will hold up local enterprises to transform into multinationals and give opportunities to creative and talented people to contribute to the country’s socio-economic development. Prime Minister Nguyen Xuan […]

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Philippines: T-bill rates seen rising due to inflation

MANILA, Philippines — Yields of Treasury bills (T-bills) on offer this week may rise further on heightened concern due to rising inflation and weaker demand. The Bureau of the Treasury (BTr) is raising P20 billion today from offers of the short-dated government debt papers: P5 billion each from the 91-day and P182-day tenors, and P10 […]

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