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APAC

Small Firms' Production Ratio Plunges

The operation ratio for small and mid-sized businesses (SMBs) has fallen to its lowest level in four years and six months since January 1999. In addition, a business survey index found that manufacturers are pessimistic on the prospects for the...

#digital#economy#SMBs

Interest-free loans reach hundreds of SMEs

A total of 544 small- and medium-sized enterprises (SMEs) in Macau, applying for a government-funded interest-free loan to weather the…

#bank#guarantee#guarantees


High growth in loans explained

The balance of loans provided by financial institutions in China had hit 15.89 trillion yuan by the end of June…


Canbank Factors Ltd reports best ever in volume and...

Canbank Factors Ltd, a subsidiary of Canara Bank, recorded its highest ever turnover (factoring volume) of Rs 1,223 crores for…

#bank#banks#liquidity


Financial laws reform timetable announced

Starting as early as 2006, financial firms, including banks and insurers, will be free to provide the same or similar…

#bank#international#management


Resona Holdings to integrate factoring units in move to...

Resona Holdings Inc. decided on Tuesday (26 August) to reduce the number of its subsidiaries and affiliates to one-fourth the…

#bank#conference#international


Reserve requirements raised on domestic and foreign banks and...

China will raise the reserve requirements on domestic and foreign banks and other deposit-taking financial institutions next month in order…


China policy bank to provide more financial support to...

The plans include creating a platform designed to provide SMEs with smoother access to capital and credit guarantees, boosting growth…

#bank#Bank of China#banks


New programmes for small business on OPIC’s agenda

Stimulating economic development in Afghanistan is a priority for Overseas Privat Investment Corporation (OPIC), which has committed a $100 million…


Exports disappoint on weak US, Hong Kong and Japan...

Taiwan's exports and imports were both weaker-than-expected in July, casting a shadow over the peak pre-Christmas orders season as exports…

#exports#international


US$666m trade surplus in July

South Korea posted a trade surplus of US$666 million in July, keeping in the black for a fourth consecutive month…


Corporate bankruptcies fall in July

The number of corporate bankruptcies in Japan plunged 23.7 per cent in July compared to the same month a year…

#economy#investment

Tax clinics to assist SSIs on legal issues

The Central Board of Excise and Customs (CBEC) has issued a directive to "break the communication wall, if any, between…

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