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: GST collection slips to INR919.16bn in Sep 19

post_img

In another indicator of economic slowdown, GST collection has dropped below INR1tr mark to INR919.16bn for Sep 19. The Sep 19 collection is believed to be the lowest in nineteen months. The revenue during Sep

Malaysia: Pay up 20% oil royalty or stop pumping, East Malaysia says

post_img

Sabah opposition leader Jeffrey Kitingan on 29 Sep 19 hit out at the Pakatan Harapan (PH) government over Dr Mahathir Mohamad’s remark that it is impossible to give the East Malaysian states the 20% oil

Philippines: BSP further trims bank reserves ratio

post_img

The level of deposits banks is required to keep with the central bank has been lowered by another 100 basis points to free up about PHP100bn into the financial system to support the economy. The

India: Government may seek INR300bn interim dividend from RBI

post_img

The government may seek an interim dividend of about INR300bn from the RBI towards the end of the financial year to meet its fiscal deficit target of 3.3% of GDP for 2019-20, sources said. Government

Philippines: House, Senate observe ‘ceasefire’ on 2020 budget

post_img

Leaders of the Senate and House of Representatives have agreed to a “ceasefire” on their altercation about alleged pork barrel insertions in the proposed 2020 budget, Senate Majority Leader Juan Miguel Zubiri said. “We agreed