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Malaysia: Gas price hike in 2018

PETALING JAYA: The price of gas used for cooking and fuel by the industrial and commercial sectors will be increased next year, reflecting the higher price of natural gas in the international market. This will be the first gas tariff hike since July 2016. The increase to the effective tariff rate is significant, at an […]

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Philippines – BSP: Nov inflation could hit 2.9 – 3.6%

Inflation could pick up this month given higher oil and power prices, the Bangko Sentral ng Pilipinas (BSP) said in Wednesday as it offered a 2.9-3.6 percent forecast range for November. “Higher domestic petroleum prices and electricity rates in Meralco-serviced areas could contribute to upward price pressures, which could be partly offset by the slightly […]

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Risks, opportunities differ widely in Asean

The Association of Southeast Asian Nations (Asean) is expected to become the world’s fourth largest economy in less than a decade but its 10 members vary substantially in terms of risks and opportunities, a Fitch Group unit said. “Given its bright growth prospects and huge market potential, we believe that Southeast Asia will increasingly feature […]

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Cambodia: More cashews to cross the border

With Cambodia endeavouring to simplify the process for obtaining certificates of origin (CO) at the border and streamlining customs procedures, Vietnam just announced plans to increase imports of cashew nuts from the kingdom. Vietnam will up their imports of Cambodian cashews in the near future, Nguyen Duc Thanh, president of the Vietnamese Cashew Nut Association, […]

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