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Philippines: Inflation seen to remain subdued

MANILA, Philippines — Headline inflation in the Philippines and other parts of Asia may peak in the middle of the year but may remain subdued due to nascent economic recoveries in the region, according to Moody’s Analytics. “We expect that underlying inflation will remain subdued in the Philippines and across most parts of Asia this […]

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Vietnam: Public debt remains under control

Amid massive difficulties hitting domestic production, Vietnam has continued bringing public debt under its control, ensuring national financial security. The government has recently sent a report on the national budget to the National Assembly (NA), stating that as of late 2020, the economy’s public debt was equivalent to 55.3% of GDP, in which foreign debt […]

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Cambodia may dodge threat from record global debt levels

Global debt levels grew by a record $24 trillion last year with pressure to rein in debt in the face of inflation possibly affecting growth in many countries. However,  Cambodia may be in a better position than most, according to a recently published Moody’s Analytics report. Global leverage – the percentage of global outstanding debt […]

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Chinese firms ‘to increase post-pandemic ASEAN activity’

As tensions between the United States and China show no signs of abating, both nations’ businesses are shifting their focus towards Southeast Asia, say observers. They say new stumbling blocks related to entering Western markets, rising costs in China and requests from clients have led to a Chinese pivot towards less-developed Southeast Asian nations, such […]

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Filipino meat lovers seen to dump more rice for pork by 2025

MANILA, Philippines — Soaring inflation is not deterring Filipinos from consuming more meat, a diet shift that also includes healthier options of fish, fruits and vegetables that are becoming more affordable with higher disposable incomes. At present, the phenomenon helps explain the devastating impact of a pestering pork shortage and the higher retail prices it brings and […]

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