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 exempts cash payments above INR10mn via AMPC from 2% TDS

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In a relief to the farm sector, the government has decided not to levy 2% tax deduction at source (TDS) on cash payments of over INR10mn made through Agriculture Produce Market Committees (APMCs). The government

India: Current account under threat if oil surge continues: RBI

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India’s current account and fiscal deficit could take a hit if oil prices continue to rise after an attack on Saudi Arabian oil facilities over the weekend, the central bank chief said on 16 Sep

Malaysia: Government to provide subsidy if oil prices soar, says Dr M

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Saudi Arabia’s move to temporarily suspend production at the state-owned Aramco’s two major oil facilities following the drone attacks by Yemeni rebels will definitely impact the global oil prices, according to Prime Minister Tun Dr

Thailand: Government dangles 50% tax cut for manufacturers fleeing China

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Thailand has announced a package of incentives, including a 50% tax cut, for companies to relocate production to the slowing south-east Asian economy from China amid the Sino-American trade war. To qualify for the incentives,

Malaysia’s China-backed USD10.5bn East Coast Rail Link back on track, foreign minister says

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All of the problems that derailed the China-backed East Coast Rail Link in Malaysia have now been resolved and the project is set to proceed with the greater involvement of local people, the Southeast Asian