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ASEAN

Group buys 60% stake in factor

On 19 July the Central Retail Corp and Central Department Store respectively sold their 50 per cent and ten per cent shareholdings in Thanamit Factoring, according to a report in Krungthep Turakij. The companies sold the shares to six individuals...

#SEC#WHO

Deputy Finance Minister highlights drawbacks of SMEs

Lack of initiative to gather helpful information has been identified as one of the main drawbacks of Malaysia's small- and…

#bank#interest#smes


New electronic marketplace to trade accounts payable

San Miguel Corp. and Shoemart Inc. have approved the trading of their accounts payable to small- and medium-sized enterprises (SMEs)…


More support for asset capitalisation programme

The SME Development Bank and the Bank for Agriculture and Agricultural Co-operatives yesterday agreed to offer financial support under the…


SME banks avoid ban on new branches

The central bank's policy-making Monetary Board has approved a proposal to lift the moratorium on new bank branches provided that…

#bank#regulation#SME lending


Funding still top concern for SMEs

Proving once again that small- and medium-sized enterprises (SMEs) now mean big business in Singapore, a host of banks and…


Trade finance to be offered to SMEs

Kasikornbank Plc (KBANK), Thailand’s third-largest commercial bank, said that it has taken steps to encourage small and medium-sized enterprises (SMEs)…

#bank#cash management#international


Timeframe for Basel capital accord

The Bank of Thailand will finalise the timeframe under which local commercial banks must comply with the new Basel capital…


Government discusses ways to boost SME bank loans

Government agencies met at the central bank last week to discuss ways to spur banking lending to SMEs, which remains…

#bank#liquidity#SME lending


Up-to-date report and analysis of the country’s factoring industry

“In line with the country’s continued economic recovery in 2003, the factoring industry achieved growth…” To read the World Factoring…

#economic recovery#factoring industry#World Factoring Yearbook


Kasikorn Bank considers factoring and leasing acquisitions

Kasikornbank Plc (KBANK said yesterday it was still undecided about the possible acquisition of a finance, securities and leasing company,…


Value-added of SMEs grows 11.8 %

More productive labour in 2003 helped push growth of value-added of small- and medium-sized enterprises (SMEs) to surpass that of…

#exports#smes

Increase of FDI expected

A better global economic environment and potentially higher investments from small- and medium-sized enterprises (SMEs) could lead to an increase…

#economy#international#International Trade

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