China is likely to announce methods to restrain overcapacity in different industries, as a part to ensure sustainable economic growth. As reported by Dow Jones Global Equities News, the authorities are likely to increase the threshold for new entrants into targeted sectors, remove obsolete production capacity, as well as encourage mergers and acquisitions. The country planned to reduce overcapacity in 19 energy-intensive industries last year, like steel making and aluminum producing. |
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