BCR Latest News

China-ASEAN trade records new high

China's trade with the Association of Southeast Asian Nations (ASEAN) hit a record high of US$78.25bn in 2003, surging by…


Free Customs seminar to help Scottish businesses fight money laundering

Scottish businesses are urged to attend a free seminar on Tuesday 10 February giving guidance on their new role in…


Receivables financier pleads innocent to fraud charges

Prosecutors have expanded charges against Trond Kristoffersen, one of two defendants in the biggest financial scandal in Norwegian history. The…


Northern Ireland’s economy expands for tenth month in a row

Northern Ireland's private sector economy expanded for the tenth successive month in January, according to the Ulster Bank PMI survey…


Company insolvencies down in Q4 2003

Statistics showing insolvencies in the fourth quarter 2003 are published today by the Department of Trade and Industry. (DTI) COMPANY…


Global Thai, Siam General set to merge

Siam General Factoring Plc is to merge with Global Thai Finance Co through a 100-per-cent share swap in a move…


Economy heading towards recovery

The South Korean economy is showing signs of recovery, including strong exports and positive expectations from large businesses, according to…


First Community Bancorp announces agreement to acquire Phoenix-based commercial finance…

First Community Bancorp today announced the signing of a definitive agreement to acquire, for US$40 million in cash, all of…


Businessmen's Association of Romania warns on EU joining costs

The Businessmen's Association of Romania (AOAR) warned Romanian companies that they would face very high costs resulting from the country's…


FAPCCI and SIDBI offer training for new exporters

The Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) in association with Small Industries Development Bank of India…


BRE Leasing profit nearly doubles

Net profit of BRE Leasing increased to Zl3 million in 2003 compared to Zl1.6 m in 2002. Volume of new…


Trade to Norway soars

Romanian - Norwegian trade exchange continued to show growth last year and reached US$190 million, compared to US$170 million in…


Exports rise 37% in January

Turkey's exports rose 36.9 per cent year-on-year to US$4.73bn in January, the Turkish Exporters Assembly (TIM) said. Exports were US$3.45bn…


ECB shrugs off currency fears

The European Central Bank (ECB) today announced it would keep interest rates on hold for an eighth consecutive month in…


ECGD helps boost small companies in the Northeast with Mexican…

A small County Durham-based specialist engineering company has won Ј6.7million of business to supply copper tube manufacturing equipment to Mexico…


Bank of England raises rates

The Bank of England raised its main interest rate today for the second time in three months. The quarter-point rise…


SME business loan demand rise, a sign of growing confidence

A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan…


Serbian companies lack funds for financing export production

The main reason identified for the big foreign-trade deficit in the past year is the inability of companies to find…


Shipowner boosts stake in debt collection agency

John Fredriksen, best known for being the world's largest tanker owner, has boosted his stake in debt collection agency Aktiv…


Audit change for SMEs has a bright side

Following the warning from the Forum of Private Business (FPB that new small-firm audit regulations could put directors' homes at…


Factoring in the US, EIU report

Factoring slumped 20% to a volume of US$115bn in the US in 2002 compared to the previous twelve months, according…


Versailles never generated a profit in nine years, court told

Versailles, the trade finance company which collapsed in 2000 owing Ј70m to its banks, made no money whatsoever from the…


Anfac calls for factoring regulation

Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…


Growth of output and new orders remains significant in January

January’s seasonally-adjusted CIPS/Reuters Purchasing Managers' Index (PMI) – a composite indicator designed to provide an overall view of conditions in…


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