phil01
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Philippines: Remittances up 8% to $2.76 billion in October

MANILA, Philippines — Personal and cash remittances booked their fastest growth in six months, rising by at least eight percent in October as overseas Filipinos continued to send more money to their loved ones in the Philippines ahead of the Christmas holidays, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Nestor Espenilla Jr. said personal […]

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Indonesia: Liquor producers question excise tax hike

Even as liquor producers are still struggling to recover from the impact of the market limitation that has been enforced since 2015, they question the government policy to increase the excise tax for the products, which they fear would further burden the industry.  The Indonesian Malt Beverage Industry Association (GIMMI) reported that the sales of […]

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th03
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Thailand: Gen Z keen for cutting-edge occupations

A full 97% of Thailand’s Generation Z, aged 16-23, are eager to work with cutting-edge technology in future careers, higher than the global and Southeast Asian averages, according to a survey by Dell Technologies.  “In 2019, Gen Z, who were born after 1996, will graduate and enter the labour force, making up 20% of the workforce […]

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sin01
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Singapore business optimism wanes for Q1 2019

BUSINESS confidence among local companies moderated significantly for the first quarter (Q1) of next year,  weakening for the second straight quarter. This is according to the latest quarterly Singapore Commercial Credit Bureau’s (SCCB) Business Optimism Index released on Tuesday. The overall index eased from +9.19 percentage points in Q4 2018, to +7.19 percentage points for Q1 2019. However, compared to a year […]

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