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: CREATE to cost PHP250B in foregone revenues

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THE CORPORATE Recovery and Tax Incentives for Enterprises Act (CREATE), once enacted into law, will cost the government as much as PHP250bn in foregone revenues in the next two years, after the corporate income tax

Indonesia receives first COVID-19 vaccine from China’s Sinovac

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Indonesia received its first shipment of coronavirus vaccine from China on 6 Dec 20, President Joko Widodo said, as the government prepares a mass inoculation programme. 1.2 million doses of the COVID-19 vaccine produced by

India: With revenue constrained, government may look at PSUs for higher dividends

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The Union government may look towards its cash-rich public sector undertakings and those falling behind on their capex plans for current fiscal to declare higher dividends this year to reward their shareholders in this difficult

The Philippines: BSP sees monetary measures’ impact lagging; backs fiscal action

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BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno said fiscal measures could be more effective for revving up the recovery at the moment, with monetary easing undertaken during the pandemic still taking time to

Indonesia: BI vows to keep rate low in 2021 to support recovery

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Bank Indonesia (BI) will maintain its loose monetary policy stance and keep its benchmark interest rate low in 2021 to support the economic recovery while pledging to strengthen and develop the country’s digital payment system.