phil01
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Philippine to grow faster than regional peers – NEDA

MANILA, Philippines — The National Economic and Development Authority (NEDA) has expressed confidence in the Philippines’ growth momentum as it expects the country to grow faster than many of its peers in the region. During the bilateral meeting and business forum with Israeli Foreign Minister Eli Cohen, Israel Ambassador Ilan Fluss, and members of the […]

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Thailand: State banks raise deposit, loan rates after BoT hike

State banks are increasing their interest rates following the Bank of Thailand’s policy rate hike. Both the Government Savings Bank (GSB) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) have raised interest rates for both loans and deposits, with deposit rates higher than loan rates. Vitai Ratanakorn, president and chief executive of GSB, said after […]

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Malaysian Inflation Isn’t Misbehaving, Central Banker Says

(Bloomberg) — Malaysia’s inflation currently isn’t misbehaving, giving the central bank room to keep up its “conditional pause,” according to a senior official. “If it’s food prices and all the supply shocks, we have a history of seeing through those shocks,” Bank Negara Malaysia’s Assistant Governor Fraziali Ismail said in an interview with Bloomberg Television’s […]

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Laos Imports Over 80,000 Vehicles in 2022

The President of the Lao Automotive Industry Association informed the public in a meeting on 5 June that Laos imported 80,708 vehicles including cars, motorbikes, and EVs in 2022. President of the Lao Automotive Industry Association Pasatxay Philaphandeth said that of the 80,708 vehicles imported, 21,887 of them were internal combustion engine cars that use fuel to operate and […]

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