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Low-income Burmese face price rises on all fronts

Myanmar, as a developing country, previously had low wages but since the coup wages have dropped even further and jobs are becoming increasingly scarce. The military is no longer able to properly administer the country and commodity prices are rising on all fronts. People are facing imbalances between income and expenditure. After the military coup, […]

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Singapore services receipts up 15.4% in Q4, higher than pre-Covid figures

SINGAPORE’S services industries saw business receipts rise 15.4 per cent year on year for the fourth quarter, according to the Department of Statistics (Singstat) on Friday (Feb 25). Q4’s business receipts were even higher than in the fourth quarter of 2019, before the Covid-19 pandemic, Singstat’s data showed. On a quarter-on-quarter, non-seasonally adjusted basis, business […]

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H&M to open first store in Cambodia

Swedish clothing retail company Hennes and Mauritz (H&M) will soon open a store in AEON Mall 1, the first H&M store in the country. This is according to a press release from the retail giant. The store will be launched on March 18. The opening of the store was also announced on the official website […]

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Philippines: Economists bat for full reopening

MANILA, Philippines — The government should start raising funds for its social protection measures and reopen the economy to full capacity to prepare for the worst spillover effects from rising tensions in Ukraine, experts said yesterday. Economists interviewed by The STAR said the government could no longer afford to widen its budget deficit by distributing […]

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