[SINGAPORE] Singapore’s central bank is expected to leave monetary policy on hold at its October review, analysts say, as highly transmissible coronavirus variants spread locally and across the world, threatening the pace of economic recovery. All 11 economists in a Reuters poll this week expect the Monetary Authority of Singapore (MAS) to keep its exchange-rate […]
Read MoreIN the face of global tax reforms to tackle base erosion and profit shifting (BEPS), the most important policy response for Asean economies is to enhance their non-tax competitiveness in attracting foreign investment, analysts from Asean+3 Macroeconomic Research Office (AMRO) said in a note on Tuesday. Proposed changes on tax jurisdiction are likely to benefit […]
Read MoreGlobal Retail may lose two containers of goods if the partner follows customs procedures and colludes with local shipping lines and customs agency to take out goods without original documents. Global Retail JSC exported two containers of Buffalo Jungle energy drinks to Benin. When the goods arrived at Cotonou Port of Benin, the buyer did […]
Read MoreMANILA, Philippines — Higher prices of oil, electricity and other basic consumer items likely pushed inflation beyond 5% in September, the Bangko Sentral ng Pilipinas said Thursday. In a statement, the BSP said consumer price growth likely settled between 4.8-5.6% this month. So far, inflation has been hovering above the upper-end of the government’s 2-4% […]
Read MoreMyanmar’s currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ago. Many gold shops and money exchanges closed on Wednesday due to the turmoil, while the kyat’s dive trended on social media […]
Read MoreWorld Bank’s new forecast analysis show that Cambodia’s economic growth this year will go down to 2.2 percent, but will recover to 4.5 percent next year, and 5.5 percent in 2023. Cambodia is experiencing a resurgence of COVID-19 cases which has slowed the recovery, especially of the service, construction, and real estate sectors. The growth […]
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Thailand
