Local governments in many Chinese cities are going to continue restricting home purchases in 2011, in response to the central government's efforts to further control property price increases. As reported by Asia Pulse, there are more than ten cities in the country imposing restrictions on home purchasing so far, either by limiting the number of homes a family can purchase or by blocking mortgages for foreigners. Industry experts stated that such measures are likely to continue as useful ways of controlling speculative home purchases. |
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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