India's gross domestic product (GDP) growth is expected to return to 9% soon, as the power sector is set to post a good performance. As reported by Indo-Asian News Service, Chief Minister Prthviraj Chavan stated that the central government has prepared a Debt Restructuring Plan for the State Electricity Distribution Companies, which have experienced combined losses of about INR 2,00,000cr. The restructuring is likely to involve fine-tuning the repayment schedule of debt owed by state electricity boards. |
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