South Korea's top 10 conglomerates accounted for most of the industrial output during the first three quarters of last year. As reported by Asia Pulse, the joint sales of big business groups, commonly called Chaebol, reached KRW 470.8trn, which is 52.27% of the KRW 900.8trn tallied for all listed companies during the period. The proportion of top chaebol output is the largest since 2007. Such an outcome has led to increased worries that such developments are likely to destabilize the overall balanced growth of the nation. |
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