BUSINESS confidence among Asian businesses is recovering from the lows since the fourth quarter of 2008, according to HSBC's study of more than 3,400 Small and Medium Enterprises (SMEs), of which 2400 are Asian.
Among the Asian economies, the export-oriented economies which were harder hit by the economic downturn registered lower levels of business confidence.
NEW data shows Singapore's rainfall has been dwindling over the last 30 years and more extreme weather changes are predicted to hit the region in the coming years.