South Korea's top discount chains including E-Mart, Lotte Mart and Homeplus registered a gain of 5.5% y/y in total sales in October this year, as compared to the decline of 1.15% posted in September. As reported by Xinhua News Agency, the Ministry of Knowledge Economy attributed the gain to the demand for food products. The nation's food sales increased 7.5% y/y, while sales of sports items grew 8.7% y/y, those of daily household goods, clothing and home appliances increased 4.1% y/y, 3.2% y/y and 1% y/y during the period. The sales of miscellaneous products decreased 0.2% during the period. |
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