Hong Kong's new mortgage loans drawn down grew 67.5% recording HKD 30.6bn in March this year, whereas new loans approved increased 43.5% recording HKD 43.5bn during the period. As reported by News.gov.hk, the Monetary Authority stated that the approvals for primary and secondary market transactions increased 134.8% and 25.1% respectively whereas the refinancing transactions grew by 81.2%. The number of new applications grew 32.5% and reached 23,153. The outstanding value of mortgage loans increased 0.8% to HKD 761.7bn. |
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