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Malaysia: IPI seen to rebound in second quarter

PETALING JAYA: The industrial production index (IPI), a measure of the rate of change in the production of industrial commodities, will likely stage a rebound in the second quarter but at the same time, there may be a challenge for the economy to achieve the Budget 2021 growth target. The IPI contracted 2.2% in November 2020 compared […]

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Singapore government to ensure property market is in line with economic fundamentals

THE Singapore government is monitoring the developments in the property market “very closely”, and will adjust policies if necessary, to maintain a stable and sustainable property market for Singaporeans, said National Development Minister Desmond Lee. Speaking at the Building and Construction Authority-Real Estate Developers’ Association of Singapore Built Environment and Property Prospects Seminar 2021 on […]

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Philippines: BSP earnings down 14% to P34.5 billion

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) reported a 14.3 percent decline in earnings to P34.5 billion from January to November last year compared to a year-ago level of P40.24 billion on the back of lower revenues and the net loss on foreign exchange rate fluctuations. Revenues of the regulator, which is  made […]

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