Hong Kong's bankruptcy petitions increased 17.13% m/m posting 759 in October this year. As reported by Reuters News, the number of bankruptcy orders declined 2.70% m/m posting 685 during the period. The government amended its gross domestic product (GDP) growth forecast to 1%-2% for this year from 1%-3% earlier, due to the Euro zone crisis and weak demand for exports. |
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