Indonesia's consumer confidence index (CCI) decreased to 116.4 in December last year, less then the 120.1 reading posted in November. As reported by Reuters News, according to the survey conducted by the central bank, consumers were more pessimistic about income and jobs, as they expect adverse economic conditions would affect business earnings. The consumers also expect escalating inflationary pressures and complicated permitting processes in some regions would hamper business activities in the next six months. The survey is conducted on nearly 4,600 households in 18 cities across the nation, where domestic consumption accounts for about 55% of the economy. |
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