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NEWS UPDATES Asean Affairs   December 27,  2017  

Philippine financial markets take two-day Christmas break

Philippine financial markets are closed for a two-day Christmas break starting Monday.

The Philippine Stock Exchange and the Philippine Dealing System are closed on December 25 and 26, which the government declared as holidays.

The benchmark PSEi gained 54.03 points or 0.64 percent to 8,432.31, as fund managers went into buying mode to improve portfolios for the year-end.

The Philippine peso closed at P50.140:$1 on Friday, strengthened by optimism over the passage into law of the Tax Reform for Acceleration and Inclusion (TRAIN) bill.

Three trading days remain for the rest of the year—December 27, 28, and 29.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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