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S-E Asian govts rev up spending as central banks retreat

Not much room for rate cuts as it might lead to currency volatility
Friday, February 3, 2017 - 05:50

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States are boosting budgets for railways, roads and other infrastructure projects to boost growth in a region facing uncertain global markets and a possible pullback in trade under Mr Trump.

Singapore

GOVERNMENTS in South-east Asia are ramping up spending just as central banks are putting away their policy-easing tools.

From Thailand to Malaysia, states are boosting budgets for railways, roads and other infrastructure projects to help bolster growth in a region facing 

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