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Malaysia – RAM: Slowdown won’t affect sovereign ratings

PETALING JAYA: The expected slowdown in Malaysia’s economy is unlikely to affect the country’s sovereign ratings, according to RAM Ratings. The rating agency’s head of sovereign ratings, Esther Lai, described the impact from the projected moderation in economic growth as “transitory rather than structural”. RAM Ratings expects the Malaysian economy to grow at a slower […]

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Philippines: Sugar producers seek TRAIN 2 suspension

MANILA, Philippines — The Confederation of Sugar Producers’ Associations Inc. (Confed) is calling on the Department of Finance to suspend not just the excise tax on fuel but the implementation of the entire second phase of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. The DOF recently announced the suspension of the hike in excise tax for fuel […]

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Thailand: MODERN TRADE NEW INDEX MARKET OUTLOOK LAUNCHED

The Thai Chamber of Commerce has introduced its latest index, Modern Trade Sentiment Index ( MTSI) – a survey of modern trade to estimate the country’s market outlook, said Surong Bulakul, vice chairman of Thai Chamber of Commerce.  The survey involves major operators such as Central Group, Robinson, Makro, Big-C, Tops, Tesco-Lotus, CJ Express, CP […]

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Vietnam: Hanoi launches new telephone switchboard to upgrade tourism services

The Hanoitimes – The switchboard, which operates 24/7, aims to provide information on Hanoi’s tourism for visitors. The Hanoi Department of Tourism on October 24 signed a cooperative agreement with the Vietnam Post and Telecoms Group (VNPT) on promoting Hanoi’s tourism by launching new telephone switchboard 1800556896 to receive inquiries on the city’s tourism. Accordingly, the […]

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