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The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a decade. In February 2004 the Thai Factors Association (TFA) said turnover may have reached Bt120bn (US$3bn) in 2003, based on...
#bank#exporters#interest rates
PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…
As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…
Small- and medium-sized enterprises (SMEs) have been promised faster loan approvals by Bumiputra-Commerce Bank Bhd (BCB). The bank has signed…
Malaysian banks will adopt a two-phase approach in complying with the Basel II Capital Accord, says Bank Negara Malaysia’s governor.…
#bank#banks#risk
United Base Consultancy Sdn Bhd, the financial consultant specialist, is keen to assist small- and medium-sized enterprises (SMEs) in procuring…
International Factors (Singapore) (IFS)- now controlled by Lim Hua Min's Phillip Securities - has a new chief. In a statement…
#international#WHO
Start-up businesses were badly hit by the tough economic environment last year, as evidenced from the sharp increase seen in…
The state-controlled Development Bank of the Philippines (DBP) will launch a new marketplace this month for receivables of small- and…
#bank#banks#IBM
The government said it may dump the proposed currency swap deal with the Asian Development Bank if the multilateral agency…
Siam General Factoring Plc's purchase of Global Thai Finance will bring financial expertise to the former and a backdoor listing…
Malaysian companies, especially small- and medium-sized enterprises (SMEs), have started to take advantage of the zero import tariff on Hong…
#economy#exports#GDP
Singapore's small- and medium-size enterprises (SMEs) are expecting an increase in sales this year, but they don't expect this to…
#Bill#international#regulation