Indonesia's consumer price index (CPI) is expected to increase 4.57% y/y in October this year, as compared to the growth of 4.31% y/y registered in September, due to a mild increase in basic food prices. As reported by Dow Jones Global Equities News, Danamon economist Anton Gunawan, stated that the prices likely increased in some basic food like rice, beef, chicken and chilli, but it declined for eggs, cooking oil, sugar and onions due to the Hajj Pilgrimage celebrations. The central bank is likely to leave the benchmark interest rate unchanged at 5.75% for the remaining year, so as to support the economy amid global slowdown. The inflation is likely to reach its annual target of 3.5%-5.5% this 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