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.

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


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%


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,

Thailand: Bank of Thailand governor sees stronger fiscal role for recovery


Outgoing Bank of Thailand Governor Veerathai Santiprabhob said public debt restrictions should be eased to allow the government to spend more as monetary policy options dwindle with interest rates already at an all-time low. Given

Indonesia’s new capital city project put on hold amid pandemic: Bappenas


The government has postponed the plan to construct Indonesia’s new capital city in East Kalimantan as the country switched its priorities to mitigating the coronavirus pandemic, an official has said. National Development Planning Agency (Bappenas)

Thailand: Revised gold trading rules to shield baht due soon: BoT


The government aims to revamp the trading regime for gold by the end of 2020 to prevent bouts of currency strength when the precious metal climbs in value. Gold exports represent about 1% of Thailand’s