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Corporate tax higher than in OECD nations

Korean businesses have been paying far higher corporate income taxes than the average paid in member nations of the Organization for Economic Cooperation and Development (OECD). The government has been saying it will not lower that the country's corporate income...

Coface signs partnership agreement with Ping An, China's second-largest...

Coface Group, a world leader in export credit insurance and commercial risk management, has signed a partnership agreement with Ping…

#bank#guarantees#international


Small firms pushing for more funds

Demand for funds has improved markedly among small- and medium-sized firms (SMEs), according to a Bank of Japan (BOJ) survey…

#bank#banks#economic recovery


Seylan Bank interest rates cuts benefit SMEs

Seylan Bank has reduced its lending rates ranging from 0.5% to 1% per annum with effect from 1 November. The…


Legal and policy measures for new ventures discussed to...

At the beginning of this year the SME Promotion Regulation was put into effect to tackle the problem. Also, the…


Bumiputra-Commerce Bank targets RM60m loans for SMEs

Bumiputra-Commerce Bank Bhd (BCB) hopes to approve RM60m in loans by the year-end under its BCB Fast Track SME Loan,…

#bank#conference#guarantee


EXIM seeks to become core bank for international business

The Export-Import Bank of Korea (EXIM Bank) is seeking to become a core bank for international business, supporting the government’s…


Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…

#bank#financial services#guarantees


Prudent regulations for SMEs next month

According to the State Bank of Pakistan’s (SBP) executive director, SBP Mansoor-ur-Rehman Khan, the bank will announce prudent regulations for…


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…


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...

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

#Boost#exports#GDP

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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