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Tags Posts tagged with "inflation"

inflation

Malaysia’s central bank retains interest rate at 3%

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Malaysia's central bank on November 7 decided to retain its policy interest rate in order to support economic growth and contain inflation pressures. The...
Myanmar posts 6.5% growth in fiscal year 2012

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Myanmar's gross domestic product grew an estimated 6.5 per cent in the fiscal year 2012/13 that ended March 31. the World Bank said. In addition...
Laos inflation edges higher – 8% in reach

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The inflation rate in Laos reached 6.87 per cent in September, up from 6.83 per cent in August, according to a report issued by...
Growth forecast for Laos set at 8%

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The World Bank has forecast 8 per cent GDP growth for Laos in 2013, driven mainly by mining and hydropower projects, despite the country's...
ADB releases inflation forecast – Vietnam worst

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The Asian Development Bank (ADB) on October 2 released an update to its 2013 outlook for developing Asia, spanning 45 countries in Asia and...
Indonesia’s economy gets some relief

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Indonesia on October 1 reported a surprise trade surplus for August 2013, its first in five months, offering some relief to the ailing rupiah,...
Laos inflation becoming a concern

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Inflation in Laos remains high, driven by price rises in food and non-alcoholic beverages, restaurants and hotels, housing, water, electricity and cooking gas, as...
Bank Indonesia raises interest rate to 7.25%

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In a bid to stop the slump of the country's currency, Indonesia's central bank on September 12 decided to raise the interbank interest rate...
Indonesia posts biggest-ever trade deficit

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Indonesia on September 2 unexpectedly reported a record trade deficit for July 2013 of $2,3 billion, up from $880 million in the previous month...
Indonesia raises benchmark interest rate to 7%

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The Indonesian central bank raised its interest rates on August 29 after a hastily called meeting in a desperate effort to support the country's...
Indonesia unveals drastic measures to support rupiah

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Indonesia said on August 23 it would curb imports of luxury cars and introduce other drastic steps to support its weakening currency and rein...
Soaring Singapore property sends bank outlook to “negative”

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On July 15, Moody’s Investors Service cut the outlook for Singapore’s banking sector from “stable” to “negative” in a rare move not seen since...
Indonesia to grant special tax incentives for ‘pioneers’

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Indonesia will offer “pioneering” businesses a tax holiday under a proposed plan to spur investment in under-developed industries, a senior official of the National...
Indonesia struggles with inflation

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Indonesia's central bank raised its benchmark interest rate double than economists forecast by 50 basis points to 6.5 per cent, the bank announced in...
Inflation spikes in Indonesia after fuel price hike

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Indonesia's consumer price inflation rose to 5.9 per cent in June year-on-year, the highest level sine 2008 and above the government's 2013 target range...
Indonesia to raise fuel prices amid protests

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The Indonesian government in a late-night budget session on June 17 decided to heavily raise subsidised fuel prices, a highly unpopular move in the...
Bank Indonesia surprises with benchmark rate hike to 6%

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Bank Indonesia, the country's central bank, said on June 13 in an emailed statement that it has raised the benchmark interest rate by 25...
Strong peso to hurt Philippine economy

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The strengthening of the Philippine peso against the US dollar, in tandem with higher inflation, will be among the factors that could cause the...