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 of their products. As reported by Xinhua News Agency, the Lady Prime Minister Yingluck Shinawatra stated that the nation's sectors like SMEs and one-tambon-one-product (OTOP) are expected to grow, while facing competition from the members of the ASEAN Economic Community (AEC). The revenue of the SMEs and OTOP manufacturing sectors is expected to increase to 40% of gross domestic product (GDP) during the next five years. |
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
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
China's President announced a five-point formula, so as to improve relations with India. As reported by The Economic Times, Xi Jinping, the President, stated that the ties with India are amongst ... more