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.



India: Government to infuse INR200bn in India’s state-run banks

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The government on 14 Sep 20 sought Parliament’s approval for infusing INR200bn in public sector banks in the current financial year to meet regulatory requirements. This is part of the first batch of Supplementary Demands

The Philippines: Gov’t mulls fresh BSP bond purchases for COVID-19 fight

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The Duterte administration is “studying” a new round of bond purchases from the central bank when existing securities mature in Oct 20, National Treasurer Rosalia de Leon said on 14 Sep 20. The amount involved

Malaysia: Not PN or BN, but Gabungan Rakyat Sabah pact

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THE opposition in Sabah will form a new coalition government called Gabungan Rakyat Sabah if it wins the 16th state elections, which begin on 12 Sep 20, said Muhyiddin Yassin. BN and PBS are allies

Indonesia: Budget deficit projected to reach 5.7% of GDP in 2021 as uncertainty hits tax revenue

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The government and the House of Representatives have agreed to widen the state budget deficit to 5.7% of gross domestic product (GDP) in 2021 as uncertainty surrounding the coronavirus pandemic is expected to further affect

Malaysia: Bank Negara maintains OPR at 1.75%

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BANK Negara Malaysia (BNM) has maintained its Overnight Policy Rate (OPR) at 1.75%, after its Monetary Policy Committee (MPC) meeting on 10 Sep 20. The central bank said the previous four rate cuts in 2020,