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Singapore – MAS off-cycle move does not rule out further tightening in April, GST hike soon: economists

THE surprise off-cycle tightening of policy by the Monetary Authority of Singapore (MAS) does not preclude further moves in April, nor does the higher-than-expected inflation mean that the anticipated Goods and Services Tax (GST) hike will have to be delayed, said economists. Ahead of its scheduled April meeting, the MAS on Tuesday (Jan 25) raised the rate […]

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Thailand: Mice revival on hold as events postponed

Recovery of the exhibitions industry faces a delay as international Mice (meetings, incentives, conventions and exhibitions) events have been postponed until the second half of this year. Even though the country’s reopening via Test & Go will resume in February, international exhibitions will not see a quick turnaround as organisers need at least six months […]

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Philippines: E-payment transactions up in December

ELECTRONIC payment transactions coursed through the Bangko Sentral ng Pilipinas’ clearing house recorded a double-digit growth in December last year. Data provided by BSP Deputy Governor Mamerto Tangonan on Monday showed that transactions made through InstaPay went up to P289 billion from P176.5 billion in 2020. From 30.6 million transactions last December 2020, InstaPay volume grew by […]

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Thailand: Chicken items added to price control list

The cabinet on Monday greenlighted a proposal to include chickens and chicken meat on the state price control list and tougher measures for chicken raisers, slaughterhouses and feed meal factories. Deputy government spokeswoman Rachada Dhnadirek said the inclusion of chickens and chicken meat, which are considered significant protein for the overall consumers, on the state […]

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