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Singapore’s December exports rise 18.4%, above forecasts

SINGAPORE, Jan 17 (Reuters) – Singapore’s December non-oil domestic exports (NODX) rose 18.4% from a year earlier, official data showed on Monday, mainly due to stronger non-electronics exports, while electronics also grew. The rise followed a decade record surge of 24.2% in November. Economists had expected a 13.8% increase, according to the median of 9 estimates. On […]

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Philippines: Credit growth to accelerate – BSP

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) sees credit growth accelerating further, sustaining the uptick for four straight months as the economy continues to reopen. BSP Governor Benjamin Diokno said bank lending appears to have bottomed out when it contracted for eight straight months between December 2020 and July 2021. “We are slowly […]

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Thailand: Bangkok property developer sentiment ticks up

Sentiment among housing developers in Greater Bangkok picked up in the fourth quarter last year after a 10-quarter low, helped by relaxed loan-to-value (LTV) limits and the country’s reopening. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the index of housing developers in the fourth quarter of 2021 improved to 52.0 […]

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Thailand: Demographic doomsday

Having endured the pandemic for the last two years, Thailand’s workforce gradually changed over that period as many unemployed people started to run their own business or work as freelancers. More than a few companies are now lamenting they cannot find staff in time for a recovery. Migrant workers who were laid off moved back […]

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