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Weak export growth seen to continue in Emerging Asia

MANILA, Philippines — Weakness in export sales is expected to continue in emerging Asian economies throughout the year on the back of weaker global demand and high inventory of electronic products, London-based Capital Economics said. In its latest Emerging Asia report, the research firm said growth in technology exports from the region, particularly semi-conductors, is expected to […]

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Thailand: Exports flag on external headwinds

Thailand’s exports remain in the doldrums, with the performance in March dropping after an unexpected increase in February.  The Commerce Ministry reported on Monday Thailand’s customs-cleared exports fell 4.88% year-on-year in March to US$21.4 billion after a 5.9% rise in February to $21.6 billion.  The uptick in February was largely due to a one-time shipment of […]

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Philippines: Inflation remains a threat — BSP

MANILA, Philippines — Inflation remains a threat as expectations remain close to the upper end of the government’s two to four percent target, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Diwa Guinigundo said inflation averaged 3.8 percent in the first three months of the year after a steady decline for the past five months. Inflation eased to […]

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