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Singapore firms positive on business outlook with Covid jab roll-outs

The business expectations of firms in Singapore’s manufacturing and services sectors turned positive after a year of gloom, with sentiment boosted by the start of Covid-19 vaccinations across countries. Their sentiments were captured in the latest quarterly surveys released separately by the Economic Development Board (EDB) and the Department of Statistics (SingStat) on January 29. […]

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Big LNG boost for Malaysia

PETALING JAYA: Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in the price of gas. The Asian liquefied natural gas (LNG) spot price has been rallying over the past two months and soared more than 18 times to a record high of US$32.50 per million […]

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Philippines: More BSP rate cuts expected

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to ease the country’s policy stance further after emerging as one of the most aggressive central banks in the world in the fight against the impact of the pandemic. Kanika Bhatnagar, economist at ANZ Research, said the BSP is likely to reduce policy rate […]

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Cambodia: Consumer credit performance improving

Consumer credit performance is showing consistent improvement as both loan balances and the number of loan accounts issued are undergoing sustained positive growth, according to a report from the Credit Bureau Cambodia (CBC). The CBC, which began operations in 2012, is the leading provider of credit information, analytical solutions and credit reporting services to banks, […]

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Thailand: Arkhom vows debt will not exceed 60%

Thailand’s public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for Covid-19 management, says Finance Minister Arkhom Termpittayapaisith. The government expects to manage the fresh outbreak and there is sufficient capital in government coffers to cushion the impact, said Mr Arkhom. But if a third wave occurs, […]

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