Indian policy makers are looking forward to increase interest rates for the tenth time in last 16 months. As reported by Agence France Presse, inflation is currently running at 8.5%, which is the highest of all the Asian economies. Thus, the Reserve Bank of India is planning to bring down the cost of living. The inflation has been nagging in the economy, economic growth being 8.5% in 2010-2011 as compared to 7.4% in 2009-2010. |
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