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Philippines: Strong loan demand seen

MANILA, Philippines — Philippine banks are expecting increased loan demand from companies and households in the current quarter amid easing COVID restrictions and increasing economic activity, according to the results of a survey conducted by the Bangko Sentral ng Pilipinas (BSP). Based on the Senior Bank Loan Officers’ Survey (SLOS) for the first quarter, the […]

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Thailand: The sweet smell of success

Though Thailand faces gloomy economic prospects with a surge in inflation, higher energy prices and persistent Covid outbreaks, a performance by Thai rapper Danupha “Milli” Khanatheerakul at the Coachella Festival in California that was capped by her eating khao nieo mamuang (mango sticky rice) on stage went viral on social media, reigniting buzz over the […]

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Singapore: MAS takes more aggressive ‘double-barrelled’ move to tighten monetary policy, raises inflation forecast

SINGAPORE’S central bank is taking a more aggressive approach to further tighten its monetary policy settings in 2 ways, while also raising its inflation forecast, citing fresh shocks to global commodity prices and supply chains that are adding to domestic cost pressures. The Monetary Authority of Singapore (MAS) said on Thursday (Apr 14) that it […]

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