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Philippines: PPP projects face uncertain future amid pandemic

MANILA, Philippines — Economies involved in public-private partnership should be mindful of the long-term impact to infrastructure projects as the pandemic has made it quite uncertain for PPP moving forward to the new normal. In its latest report, Manila-based Asian Development Bank (ADB) said PPP projects in Asia and the Pacific will require careful consideration […]

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Malaysia: Bank Negara seen holding key rate tomorrow

KUALA LUMPUR: Bank Negara is expected to leave its key interest rate steady tomorrow, according to a Reuters poll, as a slowdown in new coronavirus infections and a recently launched vaccination drive boost confidence in the economic recovery. Eleven out of 15 economists saw Bank Negara keeping its overnight policy rate at a record low […]

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Thailand: February exports to see uptrend

Exports are expected to continue growing in February driven by the world’s economic recovery ignited by the Covid-19 vaccine distribution, but the stubbornly strong baht remains a key worry, according to a shippers’ organisation. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said exports, a key driver of the country’s economic growth, could […]

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Cambodia: Covid jab campaigns fuelling petrol price hike

Retail petrol prices in Cambodia have soared since the beginning of this year, with observers suggesting that momentum in the world’s ongoing Covid-19 vaccination schemes has driven up international crude oil prices. The retail selling price of petrol in the Kingdom from March 1-15 has been set at 3,700 riel ($0.91) per litre of regular […]

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