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Stop rent hikes from killing SMEs

Stop rent hikes from killing SMEs

I sympathize with Mr Fredrik Cheng's situation and that of other small and medium-sized enterprises (SMEs), which are fighting a tough battle ("Coping with high industrial rents"; last Tuesday). Although SMEs employ 70 per cent of our workforce, they have not been protected in their own backyard against soaring rentals, a tight... 

Japan sales tax hike: 70% of households to cut spending

Japan sales tax hike: 70% of households to cut spending

(2 Apr) - Nearly 70 percent of Japanese households plan to cut back on spending after the sales tax increase that was implemented on Tuesday, a central bank survey showed, underscoring concern that the economy may start to lose support from private consumption. Many policymakers already expect household spending to cool following... 

Maoming protests spread to Guangzhou

Maoming protests spread to Guangzhou

(2 Apr) - Protests against paraxylene (PX) project in Maoming, Guangdong Province continued into a third day Tuesday despite local government pledges to conduct a public consultation before giving the project a green light. The protests also spread to Guangzhou, the provincial capital of Guangdong, claimed local demonstrators,... 



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