|Indonesia's foreign exchange (FOREX) reserves increased by about USD 2bn to USD 112bn during January this year as compared to USD 110.123bn registered last year. As reported by Asia Pulse the increase in reserves was large enough to finance imports and foreign debt repayments for 6.2 months. Head of the country's central bank, Bank Indonesia`s Public Relations Bureau, Difi A Johansyah, expect the country's balance of payment (BOP) to record a surplus during the first quarter of this year. Current transactions, however, are expected to incur a deficit, along with declining export growth, despite strong domestic demand driving imports.
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