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Malaysia – Price control scheme: Domestic Trade and Consumer Affairs Ministry to step up enforcement until Dec 31

KUALA LUMPUR, Dec 7 — The Keluarga Malaysia Maximum Price Control Scheme (SHMKM) will take effect today till December 31 throughout the country as part of the government’s efforts to stablise the price of necessities and ensure adequate supply in the market. The items listed under the scheme include live chicken, standard chicken, super chicken, […]

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World Bank raises Philippines growth forecast

MANILA, Philippines — The Philippines is set for a strong rebound this year as momentum picks up, but economic scarring will likely hamper growth in the coming years and fall below government expectations, the World Bank said. In an economic update yesterday, the multilateral lender raised its 2021 gross domestic product (GDP) growth forecast for […]

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Philippines: Headline inflation slows to 4-month low

THE country’s headline inflation eased to a four-month low of 4.2 percent in November from 4.6 percent in October, the Philippine Statistics Authority (PSA) said. In a briefing on Tuesday, National Statistician Dennis Mapa said this is still higher than the 3.3 percent seen in November last year. It was, however, the lowest recorded since the 4.0 percent seen […]

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