China's inflation is forecasted to get higher irrespective of the government's introduction of a number of measures to restrict rising commodity prices. As reported by Organization of Asia-Pacific News Agencies, Qu Hongbin, chief economist of greater China at British bank HSBC Holdings Plc stated that the main reason behind the recent increase in CPI is the food price hikes. The State Council and the country's cabinet had announced 16 measures to curb the spike in food and fuel prices. |
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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