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.



Record-high profit for Petronas in 3Q22

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Petronas’ net profit for the third quarter ended Sept 30, 2022 jumped 88% year-on-year to RM30.8 billion, on favourable price impact on major products and favourable exchange rate impact. The strong crude oil prices and

Taiwanese government cuts growth forecast to 2.75%

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The Directorate-General of Budget, Accounting, and Statistics (DGBAS) lowered Taiwan’s 2023 GDP growth forecast to 2.75%, down from 3.05%. Likewise, the DGBAS has revised Taiwan’s GDP growth for 2022 downward by 0.7 percentage points to

Anwar: Cabinet to be formed soon, after considering views of all parties in govt

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The formation of the unity government Cabinet will be made as soon as possible, after taking into account the views of all parties in the government, said Anwar. Asked about the possibility of Barisan Nasional

MAS warns pain likely to linger

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“Amid weakening external demand, the Singapore economy is projected to slow to a below-trend pace in 2023,” the central bank said in its latest Financial Stability Review report. “Inflation is expected to remain elevated, underpinned

SK On to build nickel production facility in Indonesia with EcoPro, China’s GEM – 25 Nov

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South Korean battery maker SK On Co. said on 25 Nov 22 it has signed an initial agreement with two battery component producers to build a facility in Indonesia to produce an intermediate nickel product