China's HSBC Services Purchasing Managers' Index (PMI), a measure of service sector activity, increased to 53.1 in July this year, as compared to 52.3 registered in June. As reported by Dow Jones Global Equities News, the increase in the index is likely to assist easing the concerns that the economy has not bottomed out. However, the rate of growth indicated by the composite PMI remained only modest and is not adequate to affirm a meaningful revival. |
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