BCR Latest News

Economy witnesses encouraging rebound

Hong Kong's economy has witnessed encouraging improvements recently, in line with the Financial Secretary Henry Tang's earlier remarks that Hong…


International SME Commodities Fair creates business opportunities

The 2003 China International Small and Medium-sized Enterprises' (SMEs) Commodities Fair opened in Changzhou in East China's Jiangsu Province on…


World Bank study at odds with FDI Confidence Index

Poland has jumped up the world league of countries that are attractive to foreign direct investment (FDI), according to AT…


660A confusion adds to self-assessment burden for small businesses

As the next self-assessment deadline is 30 September, the Inland Revenue must give small family businesses, which are subject to…


WesBank cuts interest rates for SME job creators

WesBank, the vehicle and movable equipment financier, yesterday launched "job creation finance", an interest rebate based finance scheme aimed at…


Directors in elaborate collections scam face jail sentences totalling seven…

Directors of an elaborate collections scam, which defrauded creditors of Ј3.5m, are facing jail sentences totalling seven years following sentencing…


Latvians vote 'yes' to EU membership

Latvia became the last of the EU's 10 applicant countries to approve membership of the union on Saturday (20 September)…


Danish euro support drops

Support among Danes to adopt the European Union’s single currency has dropped after Sweden overwhelmingly rejected the euro in last…


New IT finance scheme set to help fledgling firms

A new IT financing scheme has been launched following research which revealed that two-thirds of British entrepreneurs feel that funding…


Hiring plans by smaller firms remain consistent

More than half of domestic small-and medium-sized enterprises (SMEs) plan to hire in the second half of the year, according…


First quality standard for SMEs

The Institute of Quality Assurance Small Business Standard (IQASBS), the UK's first quality standard tailored specifically to the needs of…


Underdeveloped enterprises, culture and regulatory regimes constrain SMEs

Underdeveloped enterprises, culture, regulatory regimes that are difficult and costly to comply with are some of the constraints facing small-…


George Bush’s support for SMEs

Small businesses are a key to upward mobility, particularly for women and minorities, US President George Bush said in his…


Central Bank decreases interest rates again; positive trend in economy…

The positive atmosphere in the economy continued with another fall in interest rates. With a 3-point drop on Thursday (18…


New tax rules unveiled

Following several weeks of fierce debate within the ruling coalition, the government has finalised its proposal for tax changes in…


Volksbank gets Ђ10m loan from EBRD

Osterreichische Volksbanken AG (OVAG) will grant a ten-year Ђ10m subordinated loan to its Hungarian subsidiary, financed by a loan from…


Foreign direct investment to shift away from EU accession countries…

Foreign direct investment (FDI) inflows into the transition economies of eastern Europe this year are expected to be similar to,…


European Commission action plan for SMEs in the EU candidate…

According to a representative of the European Commission General Directorate for Businesses, an action plan for the strengthening of the…


ECGC focusing on widespread network

The Export Credit Guarantee Corporation of India (ECGC) plans to open satellite branches across the country to create a widespread…


Export confidence at two-year high

Confidence among exporters is at its highest level for two years as firms benefit from a weaker pound and EU…


SMI debt revamp panel will boost sector, improve banks' asset…

The proposed small- and medium-scale industry (SMI) Debt Restructuring Committee (SDRC) is expected to strengthen the SMI sector and improve…


CII survey shows small industries realigning to market forces

A snap poll of small- and medium-sized enterprises (SMEs) conducted by the Confederation of Indian Industry (CII) shows a competitive…


Coface announces “Final Demand” online collections service

Credit solutions provider, Coface UK, part of the world’s largest export credit insurance group, has launched a new online collections…


Banca IFIS increases profit in first half 2003

One year after becoming a Credit Institution, Banca IFIS exclusively provide working capital, mainly through factoring, for small- and medium-sized…


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