Asia this week: 20 – 26 May

Summary of key events in Asia over the past week.

MFR Graphics

MFR Graphics

26 May

🇮🇳 India

WhatsApp files lawsuit against the Indian government to block regulations coming into force on Wednesday that experts say would compel them to break privacy protections.

🇲🇾 Malaysia

COVID-19 infections per million people have now exceeded that of India.

25 May

🇨🇳 China

Renminbi hits a three-year high against the US dollar as Beijing seeks to balance demand for Chinese exports with surging commodity prices.

🇮🇳 India

Police serves notice to Twitter after the platform labelled a tweet by ruling Bharatiya Janata Party (BJP) spokesperson Sambit Patra as "manipulated media."

🇸🇬 Singapore

First quarter growth higher than expected with GDP growing 1.3 percent year-on-year, higher than the government's advance estimate of 0.2 percent.

24 May 2021

🇮🇳 India

With 300,000 coronavirus deaths India becomes the third country, after the United States and Brazil, to hit the figure. Vaccinations program hit by shortage.

🇳🇵 Nepal

Parliament  dissolved for the second time in five months with new elections called for November as nation battles political upheaval alongside the pandemic.

🇵🇰 Pakistan

Fitch assigns ‘B-’ rating to proposed US dollar senior unsecured notes by Pakistan Water and Power Development Authority.

🇸🇬 Singapore

Authorities provisionally approve "COVID-19 breathalyzer" test by Breathonix, a spin-off company from the National University of Singapore, that aims to test for coronavirus infections in under a minute.

22 May

🇨🇳 China

Zhurong rover takes first drive on Mars making China the second country after the US to operate a rover on the Red Planet. The rover will look for signs of life, including subsurface water or ice.

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