MANILA, Philippines — Despite the onslaught of Typhoon Ompong so close to the holiday season, inflation is still expected to ease in the fourth quarter, economic managers said yesterday. In a press briefing, economic managers expressed confidence that Ompong’s impact on food prices may ease with the implementation of non-tariff measures meant to address supply […]
Read MoreKUALA LUMPUR: CGS-CIMB is negative on British American Tobacco Bhd’s (BAT) decision to raise its selling prices by 50 sen per pack post SST, as it expects a negative impact on sales volume. “We are negative on the retail price increase, given the historical drop in BAT’s sales volume after previous rounds of retail price hikes. “We […]
Read MoreSINGAPORE is the second-best city for technology companies looking to establish or expand operations in Asia, according to a report published on Wednesday by real estate services and investment management company Colliers International. In the report, titled “Top Locations in Asia – Technology Sector”, Colliers ranked 16 large Asian cities on socio-economic, property and human factors […]
Read MoreThe Agriculture Minister, Veng Sakhon, last week urged officials to work harder in the implementation of the country’s new agriculture development policy. During a meeting last week, Mr Sakhon told officials the goal of the agricultural development policy is to bolster the development of the agriculture sector. It will ensure food security and nutrition and […]
Read MoreKUALA LUMPUR: Higher prices will persist following the implementation of the Sales and Services Tax (SST), particularly for tobacco products and alcohol, whereby importers and manufacturers have planned to pass the tax down to consumers. Sin stocks British American Tobacco (M) Bhd , Heineken Malaysia Bhd , Carlsberg Brewery Malaysia Bhd have implemented an industrywide price increase as they traditionally do […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is holding its rate-setting meeting as scheduled next week, vowing stronger action to curb rising inflationary expectations. In an interview with reporters on the sidelines of the signing of the memorandum of agreement expanding the Negosyo Center financing ecosystem, BSP Governor Nestor Espenilla Jr. said the Monetary Board […]
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