Philippines economy is expected to grow 5% this year, while it posted an average growth of about 5% during the last 10 years. As reported by Middle East North Africa Financial Network (MENAFN), International Monetary Fund's (IMF) Managing Director, Christine Lagarde, stated that the country is the first in the world to receive an upgraded growth forecast from the IMF. The economy grew 6.1% in the first half of the year and the average inflation was recorded at 3.2% in the first ten months of the year. |
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