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Philippines: Market to trade ‘within a tight range’

Stock market movements could be muted during a shortened trading week with the central bank’s decision not to cut rates also expected to mitigate volatility. “I think we will see the market trade within a tight range … after the Bangko Sentral ng Pilipinas (BSP) maintained interest rates which came as a surprise to investors,” […]

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Laos steps up cooperation with GMS countries for rail connectivity

Laos continues to look forward to cooperating with neighbouring countries for sustainable railway connectivity in the Greater Mekong Subregion (GMS) while pursuing its dream to transform the country from landlocked to land-linked. Director General of the Planning and Cooperation Department under the Ministry of Public Works and Transport, Mr Sengdarith Kattignasack, made the comment last […]

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Thailand: Durian-fuelled Chinese storm stores

Arrivals from China surged to a record 1.2 million in February. Their numbers are expected to top more than 10 million this year out of 38 million international tourists overall.  Chinese tourists come to Thailand for a number of reasons, such as health checkups, buying condos and shopping.  According to market researcher Nielsen, Thailand is […]

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Malaysia: Access to courier service providers

AT a time when parcels were the domain of businesses and consumers mainly went to postal offices for their delivery affairs, the opening of Mail Boxes Etc (MBE) in Malaysia was, in some ways, ahead of its time. But Brian Chow somehow deemed it appropriate to open up retail access for the local courier market […]

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Philippines – Guinigundo: Inflation expected to peak in Q3

Inflation could still breach 4.0 percent, a senior Bangko Sentral ng Pilipinas (BSP) official indicated, likely peaking in the July-September period. “In terms of our preliminary estimates on the monthly movements of inflation, we expect inflation to peak by the third quarter,” central bank Deputy Governor Diwa Guinigundo told reporters. “Thereafter, we should be seeing […]

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