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Thailand: BoT prepares for US manipulation listing

Bank of Thailand governor Veerathai Santiprabhob has acknowledged the possibility that the US will add Thailand to a watch list for currency manipulation because of a high current account surplus, but not for stepping into the foreign exchange market for trade advantages. Thailand has no policy of currency intervention to gain a trade advantage, he said, […]

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Malaysia: Economy grows 4.5% in first quarter

KUALA LUMPUR: Malaysia’s economy performed above expectations in the first quarter of 2019 (1Q19) and the country’s foreign investments staged a strong improvement, amid elevated external challenges. However, despite these positive developments, more warnings signs on the economy have begun to crop up. The country’s gross domestic product (GDP) grew 4.5% year-on-year (y-o-y) in the […]

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Singapore clears entry of Philippines agri products

MANILA, Philippines — Singapore is ready to accept agricultural exports coming from the Philippines after successful sanitary inspections of several poultry and hog farms. Agriculture Secretary Emmanuel Piñol said Singapore is now open to receiving the initial shipment of table eggs, chicken, pork and vegetables from the Philippines after the recent on-site inspection of technical […]

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