The Asian Pulse

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    Most senators emerged from a lengthy security briefing on 19 Jul 17 convinced that there was a need for an extension of martial law in Mindanao but divided on President Rodrigo Duterte’s proposal to stretch it until the end 2017. Senate Minority Leader Franklin Drilon said the senators in general were supportive of the requested extension but he anticipated that the length and coverage woul
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    A think tank has warned that Malaysia must not be too enthusiastic thinking that China's Belt and Road Initiatives (BRI) would come with automatic benefits, advising instead for proposed investments to be thoroughly scrutinised, The Edge reported. Prominent banker Datuk Seri Nazir Razak has called on the government to scrutinise Chinese-led investments in Malaysia that are part of the expansi
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    The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia - made up of 45 countries in the Asia-Pacific region - is expected to grow 5.9% and 5.8% in 2017 and 2018, the Manila-based ADB said in the update of its Asian Deve
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    Only one day before voting on five crucial issues in the election bill, the Indonesian Democratic Party of Struggle (PDI-P) is hoping its coalition mates, the National Awakening Party (PKB) and the National Mandate Party (PAN), will be willing to support the party over its stance on the presidential threshold. As of 19 Jul 17, PAN and the PKB wanted a vote threshold of between 10 – 15% for
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    PPBM president Muhyiddin Yassin has a curt message for those in Barisan Nasional (BN): "Don't dream of Felda being your vote bank anymore." Speaking to reporters at the party's headquarters here on 19 Jul 17, the former deputy prime minister said Felda areas had always been Umno's stronghold. But as of late, the support of Felda settlers had shifted significantly to the opposition coalition o
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    The Philippines posted its widest deficit in balance of payments (BOP) in Jun 17, explaining that the peso sank to record-levels in Jun 17, the Bangko Sentral ng Pilipinas (BSP) reported on 19 Jul 17. BOP swung to a deficit of USD569mn in Jun 17, nearly 10 times more than May 17's figures and was a reversal of USD418mn in surplus in Jun 16. It marked also the widest deficit since Nov 16. In