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.



The Philippines: NPL ratio of banks relatively stable in Jun 21

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Preliminary data released by the Bangko Sentral ng Pilipinas (BSP) showed the gross non-performing loan (NPL) ratio of banks was almost unchanged at 4.48% in Jun 21 after rising for five straight months to hit

India: Rainfall 35% lower than LPA in week ended 11 Aug 21

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India received 40 millimetres rainfall during the week ended 11 Aug 21. This was 35% lower than the long period average (LPA). Of 36 meteorological subdivisions, 10 received normal rainfall (up to 19% below or

Thailand: BoT cuts 2021 GDP rise to 0.7% and keeps policy rate

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The BoT’s Monetary Policy Committee (MPC) meeting on 4 Aug 21 decided to cut GDP growth forecast for 2021 to 0.7% from 1.8% in Jul 21. In addition, the Thai economy for 2022 was projected

Malaysia: More rifts in UMNO set to emerge

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“Consequences” await Umno vice-president Ismail Sabri Yaakob after he went against a party supreme council decision and stood with Prime Minister Muhyiddin Yassin. This is according to Umno president Ahmad Zahid Hamidi. He said Ismail

Indonesia: FinMin calls for private banks to boost lending

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Finance Minister Sri Mulyani Indrawati has called on commercial banks to ramp up loan disbursement and thereby support government efforts to revive Indonesia’s economy amid the COVID-19 pandemic. Sri Mulyani admitted that the pandemic had