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It’s more expensive in the Philippines

It really is more fun in the Philippines. We complain a lot about our politicians, but we keep voting for them. Then things start falling apart, but not to worry… our leaders say we are resilient and we are survivors. Lately, we have started to notice that it is also getting to be more expensive […]

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Thailand: Tax cut on diesel extended to Jan 20

The cabinet on Tuesday agreed to a fifth extension of the excise tax cut on standard diesel, until Jan 20. Finance Minister Arkhom Termpittayapaisith said the weekly cabinet meeting approved continuing the excise tax cut of five baht per litre for two months from Nov 21.  The tax reduction will mean another 20 billion baht […]

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Malaysia: Domestic demand to spur growth

PETALING JAYA: Economists expect the gross domestic product (GDP) growth momentum to ease from the fourth quarter of this year (4Q22) after posting a robust growth of 14.2% in the 3Q22. Having said that, they pointed out that the economic strength going forward would be buoyed by domestic demand. The GDP has beaten Bloomberg’s median […]

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Vietnam: Seaport ventures to rake in new funds

The Ministry of Transport this month submitted a report requesting approval to implement the master plan for Vietnam’s seaport system for the 2021-2030 period. In the report, the ministry (MoT) announced three lists of investment projects to develop seaport infrastructure, comprising 18 public investment projects in the maritime sector worth over $1 billion; a list […]

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