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Philippines – BSP: Economy gaining traction

Manila, philippines — The economy is showing concrete signs of recovery from the pandemic, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. In a virtual forum yesterday, Diokno said the accelerated vaccination rollouts, granular lockdowns and the continued implementation of health safety protocols “have allowed the Philippine economy to gradually reopen and for workers […]

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Malaysia, Singapore in talks over dedicated travel lanes, says minister

KUALA LUMPUR, Oct 28 ― The government plans to set up special vaccinated travel lanes for those who travel between Malaysia and Singapore to facilitate cross-border travel between the two countries. Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri said discussions on the matter involving several ministries from both countries were underway. She said once approved, the establishment of […]

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Thailand: State vows raft of ways to lift economic growth

The government vows to rev up infrastructure development, investment in clean energy, electric vehicles and new targeted industries to lift economic growth. Speaking on Wednesday at a forum entitled “Creating Thailand Desirable Future” organised by the Thailand Management Association, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said the government has already laid down an ecosystem […]

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Singapore’s trade ‘not materially affected’ by global supply chain disruptions: MAS

SINGAPORE’S trade does not seem to have been materially affected by disruptions in global and regional supply chains, judging by its “relatively resilient performance” in the pandemic, the Monetary Authority of Singapore (MAS) said in its latest Macroeconomic Review on Oct 28. “On the whole, domestic manufacturers have not been significantly affected by supply constraints […]

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