inflation shopping
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Malaysia – Maybank IB : Inflation rate forecasts for 2018 and 2019 at 1.0%-1.5% and 2.0-2.5% respectively

PETALING JAYA: Maybank IB Research has raised its 2018 and 2019 headline inflation rate forecasts to 1.0%-1.5% and 2.0-2.5% respectively. The research outfit said on Thursday that both headline and core inflation rates in January-August 2018 were subdued at +1.3% y-o-y and +1.1% y-o-y respectively.  Given the year-to-date inflation rate, the end of “consumption tax […]

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vn01
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Vietnam’s large banks to end cross-ownership soon

The Hanoitimes – Favorable stock market and positive economic growth have helped large banks to step up divestment from other peers to meet the central bank’s regulation on holding shares at other credit institutions. After success in divesting all stake holding in Orient Commercial Bank (OCB) recently, Vietcombank will put 53.4 million shares of Military Bank […]

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phil02
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Philippines: Poverty reduction goals still attainable — NEDA

MANILA, Philippines — The country can still attain its poverty reduction goals despite the adverse effect of soaring consumer prices on the poor, according to the National Economic and Development Authority (NEDA). Socioeconomic Planning Secretary and NEDA chief Ernesto Pernia said the country has plenty of time to catch up on poverty reduction efforts slowed down by the spike […]

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malay01
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Malaysia’s CPI advances at slowest pace in 42 months

PETALING JAYA: Helped by an easier rise in the prices of fuels, Malaysia’s inflation moderated to its slowest pace in 42 months in August, lower than consensus estimates. This, according to economists, strengthens expectations that Bank Negara will keep interest rates unchanged at the current “accommodative” level till the end of this year amid the need to balance between the risks […]

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