Car Tax Reduction

A. OUTSTANDING GENERAL ECONOMIC NEWS 1. Banking and Finance • ATM Overload Solutions: To prevent ATM congestion during the Lunar New Year, banks are proactively delivering cash directly to factories to pay workers. • Interest and Exchange Rates: Deposit interest rates increased slightly (0.1–0.5%) for seasonal liquidity, but lending rates remained stable (6–9% for short-term). Exchange rates are forecasted to rise by 3–4%, while inflation expectations are at 6–7%. • Strict Credit Control: The State…