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.



Malaysia: Ringgit makes a comeback but beware of risks

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With improving crude oil prices, stable inflation, an anticipated interest rate hike, a strong trade surplus and a narrowing budget deficit — and you have a strong case for the recovery of the ringgit. In

Indonesia’s 2017 budget deficit at 2.57% of GDP: Sri Mulyani

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Indonesia’s unaudited 2017 budget deficit is at 2.57% of GDP, Finance Minister Sri Mulyani Indrawati said on 2 Jan 17, broadly in line with expectations. The government had estimated a deficit of around 2.6%, compared

India: Fiscal deficit hits 112% of target in Nov 17

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The Centre’s fiscal deficit breached the budgeted level to touch 112% of the full-year target in just eight months, reinforcing concerns about a slippage in 2017-18 unless revenue mop-up goes up substantially and/or the government

Philippines: Budget ratified; tax reform bill on hold

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The Senate and the House of Representatives 12 Dec 17’s night ratified the final version of the proposed PHP3.8tr 2018 national budget. The two chambers, however, failed to ratify the report on the proposed tax

Malaysia’s reserves insufficient to meet maturing external long-term debt repayments: Moody

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Malaysia’s reserves are not sufficient to meet maturing external long-term debt repayments and short-term debt, according to Moody’s. Moody’s, however, noted that a sizeable net asset position, large export proceeds and deep domestic capital markets