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Malaysia Jan CPI slips 0.7% on lower fuel prices

KUALA LUMPUR: Malaysia’s Consumer Price Index (CPI) decreased 0.7% year-on-year in January to 120.5, underpinned by lower fuel prices in the transport sector. According to Reuters, the decline in Malaysia’s CPI was the first in over a decade. The Department of Statistics Malaysia said that on a month-on-month basis, the index also decreased 0.5% as […]

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Adding value is key to moving Thailand to next

ADDING value to Thai products by increasing the connectivity between the agriculture, manufacturing and tourism industries is key to achieving economic growth in 2019 and beyond, said deputy prime minister Somkid Jatusripitak during a meeting yesterday with the National Economic and Social Development Council (NESDC). Meanwhile, the NESDC’s secretary-general, Thosaporn Sirisumphand, presented the economic advisory […]

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Philippines: Sales of imported vehicles slide 25%

MANILA, Philippines — Vehicle importers sold 25 percent less units in January from a year ago as consumer demand for cars remained weak. The Association of Vehicle Importers and Distributors Inc. (AVID) said in a statement yesterday it sold 6,493 units, down from 8,696 units sold in the same month last year. Sales were lower as the passenger car […]

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Thailand: Business registrations up 78% in January

The number of business registrations surged 78% year-on-year in January, led by logistics and transport, on the back of growing online trade and active investment in the flagship Eastern Economic Corridor (EEC). According to Vuttikrai Leewiraphan, director-general of the Business Development Department, new business registrations reached 7,311 last month, compared with 4,102 in December and 6,965 in […]

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Philippines: Revised Corporation Code signed into law

MANILA, Philippines — President Duterte has signed into law the Revised Corporation Code of the Philippines, a move which the Securities and Exchange Commission (SEC) said would lead to a stronger and more competitive corporate sector. The new law, aimed at improving ease of doing business in the country, will provide more protection to corporations […]

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