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Philippines: Inflation cools again in November, inching closer to target

MANILA, Philippines — Consumer price growth continued to decelerate for the third straight month in November, giving Filipinos a reprieve from elevated inflation that’s making surviving the economic fallout from the pandemic more challenging. Inflation, as measured by the consumer price index, slowed down to 4.2% year-on-year last month from 4.6% in October, the Philippine Statistics […]

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Retail Group Malaysia projects 6% growth in Malaysia’s 2022 retail sales despite lingering pandemic concerns

KUALA LUMPUR (Dec 7): Retail Group Malaysia (RGM) is projecting a 6% growth in Malaysia’s retail sales for 2022 as the country’s retail industry looks forward to a recovery from the impact of Covid-19 pandemic-driven movement restrictions of almost two years. In RGM’s retail industry report for November 2021, the group, which interviewed members of the […]

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Thailand: Customs mulls non-tariff rule for cheap imports

The Customs Department plans to introduce a non-tariff measure to bridge the disparity between low-priced goods shipped into Thailand that are tax-exempt and goods locally produced by small and medium-sized enterprises (SMEs), says director-general Patchara Anuntasilpa. Customs rules allow goods priced 1,500 baht or lower that are shipped into Thailand exemption from import duties and […]

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