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Economists raise Singapore’s 2018 growth forecast to 3.2%

PRIVATE-SECTOR economists have raised Singapore’s 2018 economic growth forecast for the second consecutive time, expecting growth of 3.2 per cent, up from an earlier prediction of 3.0 per cent in December. They expect growth to moderate to 2.8 per cent in 2019, according to the latest quarterly survey of professional forecasters by the Monetary Authority […]

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Thailand: CABINET APPROVES DRUG PLANT PLAN

The Cabinet yesterday approved a plan by the Government Pharmaceutical Organisation (GPO) to construct the second phase of its pharmaceutical plant in Rangsit area at a cost of Bt5.607 billion. The move will help GPO to expand its production capacity to cope with the requirements of the Good Manufacturing Practice (GMP) standard. Nattaporn Jatusripitak, an […]

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TRAIN 2 seen to lessen Philippines competitiveness

MANILA, Philippines — The second package of the government’s tax reform program is seen to make the country less competitive resulting to a slowdown in investments over the near term, BMI Research said. In its latest economic analysis, the research arm of the Fitch Group said the second of the five packages under the comprehensive […]

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