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First farm produce export credit insurance case settled

Shandong Zhucheng Foreign Trade Group Corporation (Zhucheng Foreign Trade), a leading poultry meat exporter, has received compensation of US$760,000 from China Export & Credit Insurance Corporation (CECIC). According to a principal from Zhucheng Foreign Trade, the compensation offset its loss...

Job-creating firms to get big tax cut

Business start-ups that hire more than 10 employees will enjoy tax exemptions of up to 100 per cent over the…

#economy#interest rates#Jobs


Central bank reports rise in delinquent firms

The number of service businesses that defaulted on payments jumped last month. The Bank of Korea said yesterday that 401…

#bank


Cheap credit tap opens for SMEs

With large blue chip companies no longer knocking on banks' doors, bankers today are lending against the receivables of SMEs.…


Banks squeezed to lend more

Bankers reacted negatively to the government's move to prod lenders to free up loans to consumers and small companies. A…

#bank#cash-flow#liquidity


Smaller companies experience liquidity squeeze

Growing numbers of small- and medium-sized companies (SMEs) are experiencing a liquidity squeeze as a consequence of rising costs in…

#bank#cash-flow#digital


Financial help vital for private businesses

China's top legislators and advisers are calling for the government to beef up efforts to solve funding difficulties that affect…


Economy shows no signs of slowing

China's industrial output soared 23.2 per cent in February from a year earlier, official data shows, suggesting the economy is…

#economy#exports#investment


SMEs’ exports helped by proxy overseas offices

KOTRA's overseas offices, which serve as foreign branch offices for local small and medium enterprises (SMEs), helped chalked up US$1.02…

#exports#smes


National revenue up 14.7% in 2003

China's national revenue exceeded 2 trillion yuan for the first time to reach 2.1691 trillion yuan in 2003, said Minister…


Strong exports power manufacturing upturn

Strong exports have been powering the manufacturing industry upturn, the state-funded Korea Development Institute (KDI) has reported. It said economic…


Canbank Factors investment opportunity

The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank…

Exports by SMEs rise for 5th year

Small- and medium-sized enterprises (SMEs) and venture start-ups are increasingly contributing to South Korea's exports. Venture start-ups' exports grew 23.8…

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