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Malaysia: MITI ends probe into imported ceramic tiles

KUALA LUMPUR: The government had on Monday terminated the safeguard investigation on imports of ceramic floor and wall tiles that it had initiated based on a petition filed by the Federation of Malaysian Manufacturers – Malaysian Ceramic Industry Group. The petitioner had claimed that the increase in imports of ceramic floor and wall tile products […]

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Cambodian exports to US rising

Cambodia exported $6,059 million of goods to the United States over the first 11 months of 2020, an increase of 17 percent compared with the same period a year before.  This reflects a bright spot in the Kingdom’s export performance despite the challenges of the COVID-19 pandemic. Figures from the US government show that the […]

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Thailand: Finance Ministry mulls details of cash handouts

Cash handouts to ease the burden from the Covid-19 outbreak remain an option, but details are being deliberated regarding the number of eligible people and assistance level, says a Finance Ministry source. The ministry is considering at least four approaches to mitigate individuals’ financial burden, said the source who requested anonymity. While not disclosing the […]

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Philippines: Hardly rising, big banks’ loans set to follow smaller lenders’ in the red

MANILA, Philippines — Lending by big banks slightly gained pace in November from previous month, but growth remained shallow and year-on-year expansion was at 14-year low, suggesting any improvement was temporary. Outstanding loans by universal and commercial banks, net of their lending to each other, reached P8.99 trillion in end-November, up 0.46% year-on-year and sustaining a […]

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