Daily News

These are sample stories on Asia which we track on a daily basis. The sources and links to the stories, which are available online, are acknowledged and listed. Where any of these stories require paid subscription to access, we've listed only the portion which the site allows.

Thailand: BoT updates forecasts on economy


The Bank of Thailand (BoT) has forecast the economy to shrink by 5.3% in 2020, the first contraction since the 2008 global financial crisis. It earlier predicted economic growth of 2.8% for 2020. “The 5.3%

The Philippines: Government prepared to hike borrowings – 26 Mar


The government is ready to increase the country’s debt level to help cushion the impact of the coronavirus disease 2019 or COVID-19, according to the Department of Finance (DOF). At the same time, the DOF

India Unveils INR1.7tr Stimulus Plan to Ease Virus Pain


India announced a INR1.7tr spending plan as part of measures to ease the economic impact of coronavirus pandemic on the poor in the world’s most populated nation after China. The plan will include cash transfers

The Philippines: BSP cuts RRR


THE Bangko Sentral ng Pilipinas (BSP) will slash the reserve requirement ratio (RRR) of universal and commercial banks by 200 basis points (bps) to release additional liquidity into the market amid the coronavirus disease 2019

Thailand: BoT holds interest rates steady


The Bank of Thailand (BoT) kept its policy rate unchanged on 25 Mar 20 after an unscheduled rate cut of 25bps on 21 Mar 20. BoT trimmed its economic growth forecast for 2020 to a