Thailand's core inflation increased to 2.55% in June this year, reinforcing the likelihood of another interest rate hike soon. As reported by Reuters News, the Commerce Ministry stated that the annual headline inflation in the country decreased during the period due to reduced oil prices. The central bank is expected to increase its benchmark rate by another 25 basis points (bps) to 3.25% at its meeting on July 13, in an effort to control price pressures. The central bank is aiming to keep core inflation, which excludes energy as well as fresh food prices, within a range of 0.5%-3.0%. |
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