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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 to the United States, Hong Kong and Japan all declined. "International demand for information technology and telecom goods remains weak....

#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…


Hopes rise of better rights for businesses in China

China's top leaders have announced plans for changes to the constitution intended to promote economic development, making public a process…


Government drafts SMEs improvement policy

An official from the Small and Medium-sized Enterprise Department under the State Development and Reform Commission (SDRC) revealed the department…

#bank#exports#financial services


Defence sector to reduce dependence on imported technology approaches...

The defence sector is aiming to indigenise its requirements by offering to buy from technologically sound, innovative and competitive small-…

#smes


GE Commercial Finance eyes up Resona’s leasing businesses

Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find…

#bank#commercial finance#management


Bank lending to small firms swells

Corporate lending by local banks ballooned by 5.1 trillion won (US$4.3 billion) last month, as small- and mid-sized companies (SMEs)…

#bank#banks#smes


Hosoya to to put SME bank Resona on the...

When Eiji Hosoya, the new chairman of Resona, first saw the swooping R of the bank's logo, it reminded him…

#bad debts#bank#management


ECGC and Corp Bank in bancassurance tie-up

Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…

#bank#exports#guarantee


Bank of China’s factoring transactions soar in first half

State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…

30% of firms reporting financial difficulties

“SMEs (small- and medium-size enterprises) are struggling with what they call their worst financial problems since the 1997 crisis, due…

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