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.



PTT expects energy prices to fall in 2023, easing pressure on economy

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National energy conglomerate PTT expects oil prices to fall next year. PTT president and CEO Auttapol Rerkpiboon forecast that the price of a barrel of oil would fall from USD90-100 in 2022 to USD85-100 in

Core inflation to cool to below 4% in 3Q23: Bank Indonesia

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Bank Indonesia (BI) has projected that core inflation, which reflects demand-pull effects on prices, will return to a target range of below 4% from 3Q23, a significant downward revision after inflation was projected to hit

Bill seeks VAT threshold indexed to inflation

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A BILL filed by Senator Sherwin T. Gatchalian to amend the tax code will index the threshold for value-added tax (VAT) exempt taxpayers to inflation, adjustable every three years. Mr. Gatchalian, who chairs the Senate

Indonesia to Cut USD Reliance With IDR Near Two-Year Low

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Bank Indonesia seeks to reduce the country’s reliance on the USD, with plans to allow domestic transactions of non-deliverable forwards in other currencies and to strike more agreements on local-currency settlement. The central bank could

BOT governor says rate hikes will be gradual, shrugs off weak baht

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Thailand will gradually raise interest rates to bring inflation back to target and ensure a continued recovery, the central bank chief said on 29 Sep 22, playing down the impact of a weak baht on