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Vietnam central bank hints monetary easing

The Hanoitimes – If the FED lowers the interest rate by the end of this month as expected, the move would have a minimal impact on the monetary policy of Vietnam’s central bank. The State Bank of Vietnam (SBV), the country’s central bank, has recently expanded the credit growth quotas for a number of commercial […]

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Singapore headline, core inflation weaken in June

SINGAPORE’S headline inflation eased in June, ending a four-month streak of edging upwards, according to consumer price index (CPI) figures released by the Department of Statistics on Tuesday. Core inflation also continued to ease, strengthening economists’ expectations of monetary easing ahead. Headline inflation was 0.6 per cent year on year, down from 0.9 per cent […]

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Thailand: Govt to push EEC policy into overdrive, but business demands tangible results

Prime Minister Prayut Chan-o-cha will on Thursday (July 25) unveil his government’s policy statement in Parliament, aimed at elevating Thailand to developed-nation status country via 12 urgent and 12 long-term policies focused mainly on the Eastern Economic Corridor (EEC) project. Among the urgent policies, the sixth calls for a “future-proof” economic system by promoting target […]

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Thailand: Modern trade remains jittery in Q2

Modern trade sentiment remained in the doldrums in the second quarter, as operators were still concerned about higher operation costs, the impact of political uncertainty, drought and the relatively low income of people living outside urban areas. Thanavath Phonvichai, vice-president of research at the University of the Thai Chamber of Commerce (UTCC), said despite growing […]

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Malaysia’s 2020 fiscal deficit target a ‘challenge’

KUALA LUMPUR: Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the US-China trade war, the finance minister told Reuters in an interview. South-East Asia’s third-largest economy is dealing with a debt pile of over RM1 trillion (US$243.19bil), which the administration of Prime Minister Tun […]

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