China's foreign exchange (FOREX) purchases increased to CNY 25.52trn by end of February this year, higher by CNY 25.115bn from the level posted in January. As reported by Asia Pulse, the figure marked an increase for two consecutive months in the period after declining for three months over the period from October to December last year. The sluggish increase in the FOREX purchase has yet again aroused market expectations that the central bank is likely to further lower the required reserve ratio (RRR) in order to control the liquidity in circulation. |
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