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Gradient Alliance News Bulletin – September 2015
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| Economic News |
GDP expands 6.7% in 2Q15 driven by services sector.
Temasek model to improve state enterprises.
Bogey of Super Gains Tax raises its head again.
CEB in USD 13bn long-term electricity generation plan.
ASPI closes at 7, 05.87.94 in September (-3.5% MoM). |
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| Business News |
Tourist arrivals in August up 8.7% YoY to 166, 610.
Vehicle reg. up 59.4% YoY in August, LTV reduced to 70%.
Tea exports decline for the sixth consecutive month.
Business confi. index in August at 175 (+21 pts MoM). |
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| Consumer News |
Nielsen consumer confi. index at 83 in August(+5 pts).
Deflation, as CCPI declines 0.3% YoY in September.
Rupee depreciation to increase consumer good prices.
Import duties/commodity levies increased on potatoes, sugar, big onions and edible oils. |
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