China should be prepared, which includes introducing capital controls, for a potential Greece exit from the euro zone. As reported by Dow Jones Chinese Financial Wire, the central bank along with other authorities should mull over putting in place new capital curbs and emergency fluidity injections and even concluding some markets. The country's government must also prepare an emergency plan for the medium term, as the Greek exit is likely to have a heavy impact on the country's export sector and ignite massive job losses. |
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