Hong Kong's retail sales are expected to increase by an average 16%-17% this year, sustained by the positive income expansion. As reported by Dow Jones International News, the retail sales, by value, increased 27.8% y/y in May, which was unaltered as compared to April. The risk to the retail sales growth momentum is expected to be the increasing inflationary pressures. The inflation increased to a 34-month high of 5.2% in May. |
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