South Korea is likely to require about ten years to achieve per-capita income of USD 30,000 due to low growth trend and other economic structural problems. As reported by Yonhap English News, according to a report by the Hyundai Research Institute, the country's per-capita gross domestic product (GDP) increased on an annual average of 1% annually from 2007 to 2011. The per-capita income surpassed the USD 20,000 mark for the first time in 2007, as the growth rate has remained stagnant over the past years. |
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