BCR Latest News

Tough times ahead, warns BoE governor

Britain faces tougher times throughout the coming decade, Mervyn King warned on Tuesday night in his first speech since taking…


Banks transfer to International Accounting Standard

The Russian Central Bank and Finance Ministry plan to recommend audit firms for International Accounting Standard (IAS) reports, Central Bank…


Adoption of Euro in 2009-2010

The government yesterday approved a strategy for adopting the euro in 2009 or 2010. The prerequisites for the transfer to…


How tax reforms will impact on SMEs

Government proposals for corporation tax reforms will affect every company in the country and small and medium sized enterprises (SMEs)…


State Minister expects end-2003 exports at $45bn

Kursad Tuzmen, the State minister responsible for foreign trade, expects exports to reach $45bn and imports to stand at $64bn-$65bn…


Small firms to get help in going North

The Korea Federation of Small and Medium Business said on Monday (13 October) that it has formulated an arrangement with…


Fortis Bank signs two “multi-sourcing” framework agreements

Fortis Bank has signed two new “multi-sourcing” framework agreements of Ђ50 million each with Vietindebank and Vietcombank. These agreements were…


ACCA announce seminars on good accounting management for SMEs

ACCA (the Association of Chartered Certified Accountants) Hong Kong is holding a series of free seminars and talks to be…


Factoring sector reports US$9m profits for Q2, up over 28%…

Mexico's 16 factoring companies reported consolidated net income of 101 million pesos (US$9.03m) during the second quarter 2003, up 28.7%…


NAB Business Conditions Survey confirms a strong economy despite 2-point…

The Australian economy is showing unrelenting strength, with forward orders and capital expenditure accelerating in trend terms through the September…


Small Business Administration programme to lure more minorities

The Small Business Administration (SBA) has entered into agreements with a pair of minority business groups to try to increase…


Bill promotes small business loan securitisation

Senator Olympia Snowe introduced legislation that authorizes the Small Business Administration (SBA) to establish a three-year pilot programme that will…


Government released Ј6m for disadvantaged communities to start up in…

The government has today released Ј6m worth of funding to encourage and assist more people from disadvantaged communities to start…


Company failures fall to lowest for two years

The number of limited companies failing in the third quarter of 2003 fell by 12.2 per cent compared with the…


European buy-out groups lead US

European buy-out groups have for the first time overtaken their US counterparts in their ability to raise capital from investors.…


Cattles helps security company get a flying start

Security and Risk Management in Leeds is set to take on an additional 50 staff and turn over Ј1 million…


Deficit to top 40bn Euros

Germany's fiscal deficit will top Ђ40 billion this year, a record sum nearly double the previous forecasts that could yet…


Bankruptcy law reform moves forward

According to the French ministry for justice, 59,000 French businesses had difficulties in 2002 leading them to appear in the…


Strengthening growth of new business drives further impressive output growth

Today sees the release of September data from the latest Ulster Bank PMI ® (Purchasing Managers’ Index ®) Report for…


EU investment subsidy programmes for industrial SMEs to accelerate

According to Deputy Development Minister Alexandros Kalafatis, the Development Ministry plans to issue details of 12 European Union sub-programmes for…


Industrial growth slows to 5.2% in August

The country’s industrial growth slowed to 5.2 per cent in August this year compared to 6.2 per cent growth witnessed…


Economy is bouncing back with expected 4% growth in 2004

Taiwan's economy is bouncing back, HSBC's Economics and Investment Strategy Unit said in its latest report. According to economist Geoffrey…


Small Business Administration disaster loans available to some farm-related businesses

Federal disaster loans are available to small, non-farm, agriculture-dependent businesses in seven Minnesota counties hit by drought this summer, the…


Overdue company loans rising

Overdue loan payments have been rising at domestic banks, which are still suffering the effects of the collapse in consumer…


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