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Cambodia: Food market drive to extend past lockdown

The Ministry of Commerce will continue its campaign to sell goods at below-market prices in blocked off areas in Phnom Penh, even as the capital and Kandal province’s Takmao town emerge from lockdown at the outset of May 6, according to ministry spokesman Pen Sovicheat on May 4. The remark comes a day after Prime […]

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Philippines: BSP-approved foreign borrowings up 19% in Q1

MANILA, Philippines — Foreign borrowings approved by the Bangko Sentral ng Pilipinas (BSP) continued to climb, rising by 19 percent to $2.84 billion in the first quarter from $2.38 billion in the same period last year due to COVID-related spending. Almost a third or $900 million of the total foreign borrowings went to the government’s […]

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Malaysia in strong position to ride recovery, report says

KUALA LUMPUR: Malaysia is in a strong position to ride a vaccine-led global economic recovery once the domestic Covid-19 situation is under control, according to the Asean+3 Macroeconomic Research Office (AMRO). “Increasing coverage of ongoing vaccination programmes globally bodes well for a broader pick-up in global demand andMalaysia’s external sector, ” it said in its […]

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