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.



Foreign investments soar in 1H22

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Investments by overseas companies registered under the Foreign Business Act (FBA) rose by 73.5% y/y in 1H22, led by Japan, Singapore and the US, driven by the government’s investment promotion policy. Deputy Commerce Minister Sinit

No-lockdown policy outlined in SONA to aid frontline businesses

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THE no-lockdown policy declared by President Ferdinand R. Marcos, Jr. during his State of the Nation Address (SONA) will help the restaurant industry and other frontline businesses, which oppose measures that cut down on foot

United Tractors reports strong sales growth in 1H22

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Heavy equipment distributor United Tractors has reported a significant increase in sales in 1H22, reflecting a recovery of demand from the mining sector. The subsidiary of conglomerate Astra International sold 2,873 units of Komatsu heavy

Indonesia: BI says it will ensure that quantitative easing-era bond sales do not disrupt market

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Indonesia’s central bank said a plan to sell billions of dollars worth of bonds bought during the pandemic would be conducted carefully, after analysts warned the move could spark debt outflows and complicate an agreement

India: Debt raised by state PSUs to be considered borrowing by state: FM Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman said the borrowing by state public sector undertakings or their special purpose vehicles (SPVs) will be considered as borrowing by the state government needing consent. Instances of borrowing by certain state