Taiwan is expected to conclude its assessment of signing an economic partnership agreement with Taiwan by March next year. As reported by Central News Agency English News, H. M. Leng, the Head of the Economic Division of the Taipei Economic and Cultural Office in Manila, stated that the various Taiwanese businessmen who are presently operating in China are expected to relocate their factories to the country, due to increasing labor costs and labor shortages in China. Taiwan has strong trade relations with the country, where Taiwan was the sixth-largest source of imports and its seventh-largest export destination last 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