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Thailand: Dim outlook for Lunar New Year

Low incomes and high household debt are looming over the upcoming Lunar New Year holiday, while an additional 1 million room nights in the stimulus campaign were fully redeemed, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said the estimated number of domestic trips during Feb 12-14 is expected to reach […]

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Philippines: T-bill rates decline further

MANILA, Philippines — Rates for short-term government securities continued their downward trend yesterday as market demand remained healthy amid strong liquidity in the financial system, according to the Bureau of the Treasury (BTr). During yesterday’s auction, the 91-day Treasury bills (T-bills) fetched an average rate of 0.846 percent, 7.1 basis points lower compared to the […]

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