South Korea's economy experiences equal risks from reduced growth and elevated inflation expectations. As reported by Reuters News, Bank of Korea Governor Kim Choong-soo stated that the economic growth gained momentum in the first quarter of this year; however the industrial production steeply decreased in March. The central bank froze its policy interest rate steady at 3.25% for the last ten months, after five increases between July 2010 and June last year. |
Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more
Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more
Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more