The World Bank has projected 4% economic growth in Philippines this year due to strong private and public spending as well as the global recovery in trade. As reported by Asia Pulse, the economy grew 7.3% in the first quarter as compared to 0.5% in the same period last year. Moreover, the country's growth potential is expected to be higher due to the new administration's strong reform and anti-corruption agenda that is expected to enhance business confidence. |
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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