news
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India: Banks need strengthening for full monetary policy impact: RBI
- December 16, 2020
- Posted by: admin
- Category: Daily News
No CommentsSoured loans and weak capital positions mean Indian banks cannot cut their interest rates in step with the central bank’s main policy rate, reducing the effectiveness of monetary policy, the Reserve Bank of India said
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Malaysia invokes emergency to stop by-elections as COVID-19 cases rise
- December 16, 2020
- Posted by: admin
- Category: Daily News
Malaysia’s government on 16 Dec 20 declared a state of emergency to stop by-elections in two constituencies scheduled for Jan 21, as the country grapples with a spike in coronavirus cases over the past few
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Indonesia’s GDP could shrink 2% in 4Q20: Airlangga
- December 15, 2020
- Posted by: admin
- Category: Daily News
Indonesia’s gross domestic product (GDP) is expected to shrink by 2% at worst or grow 0.6% in 4Q20, Coordinating Economic Minister Airlangga Hartarto said. The government has projected that the economy will shrink 0.6% to
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The Philippines: Remittance inflow seen to stabilize
- December 9, 2020
- Posted by: admin
- Category: Daily News
Remittances from overseas Filipinos are expected to remain broadly steady in 2020 despite the adverse impact of the coronavirus pandemic on the global economy, according to digital payments provider WorldRemit. The company sees the inflow
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India favours easing inflation aim to support growth
- December 9, 2020
- Posted by: admin
- Category: Daily News
India’s government is considering recommending a looser inflation target for the central bank, allowing it to focus more on economic growth despite price pressures, according to people familiar with the matter. A CPI band tracked