According to news agency Reuters , Bank of Thailand (BoT) Governor Tarisa Watanagase stated recently that owing to the improvement in the economy, the requirement of a loose monetary policy had reduced. However, Watanagase said that any increase in interest rates must be smooth. Watanagase also said that the BoT was likely to relax the restrictions on capital outflows soon. However, Watanagase said that the BoT could decide not to raise interest rates at all if the country's political situation became violent or if the growth of the global economy slowed down unexpectedly. |
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