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.



Indonesia Sees Drastic Cut to Budget Deficit on Tax Windfall

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Indonesia’s finance chief further cut estimates for the budget deficit 2021 and next, as a fresh round of tax hikes is set to bolster the government’s earnings. The shortfall should come in at 4.1% of

Malaysia: UMNO, BN leaders urge unity ahead of GE15

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UMNO Vice-President Ismail Sabri reiterated a call for the party to continue supporting him as the Prime Minister, such that the cabinet would be able to focus on resolving health and economic issues instead of

Indonesia to raise tobacco excise by 12% on average in 2022

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Indonesia will raise excise tax rate for tobacco products by an average 12% next year, with a higher increase for machine-rolled cigarettes than hand rolled cigarettes, which will see a maximum 4.5% hike, its finance

The Philippines: Banks’ bad loans ratio eases to 6-month low

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The asset quality of Philippine banks improved for the second straight month in Oct 21 as the industry’s gross non-performing loan (NPL) ratio eased to a six-month low of 4.42% from the revised 4.44% in

The Philippines: Mark Villar joins Marcos-Duterte Senate slate

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Former public works chief Mark Villar has joined the 2022 Senate slate of presidential aspirant Ferdinand “Bongbong” Marcos Jr. and Davao City Mayor Sara Duterte-Carpio. Villar, who spoke ahead of Marcos and Duterte, spoke glowingly