South Korea is planning to increase its efforts to ease regulations as an attempt to enhance its business environment. As reported by The Press Trust of India Limited, Finance Minister Bahk Jae-wan stated that the government recently decided to eliminate its additional tax reduction plan for large scale businesses and the rich due to the opposition from the political community. The government is likely to increase its efforts to eradicate obsolete regulations and reduce various barriers in the business sector. |
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