Malaysia's consumer price index (CPI) increased 1.7% y/y in May this year, mainly attributed to the elevated food and non-alcoholic beverage prices. As reported by Dow Jones International News, the Department of Statistics stated that the food and non-alcoholic beverages sub-index grew 2.3% y/y in April, whereas the non-food sub-index increased 1.2% y/y in April. The central bank expects the inflation to average between 2.0%-3.0% this year, as compared to 3.2% registered last year. |
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