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ASEAN

Global Thai, Siam General set to merge

Siam General Factoring Plc is to merge with Global Thai Finance Co through a 100-per-cent share swap in a move that will further reinforce consolidation in the local finance industry. Sources in the industry said Siam General, which operates a...

Plant builder helps arrange SME loan packages

JCM Engineering Concept Co, a factory construction company, has set up an arrangement with banks to finance the building of…


SME Bank restructures after fraud

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…

#bank#debt collection#economy


Association to help SMEs get funds

The Association of Banks in Malaysia chairman, Dr Rozali Mohamed Ali, said the association welcomed the government's call to look…


SMEs get P16.65bn in loans

Small- and medium-sized enterprises (SMEs) in the country received a total of P16.65bn (US$300m) in loans last year through the…


Trading firm ventures with SMEs sought

The Siam Cement Group has expressed interest in a government initiative to establish trading companies to help promote small- and…

#interest#investment#smes


SME Bank expects loans to jump 28.5%

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) predicts its credit line will jump 28.5% to 36…

#bank#economy#financial institution


Dawama granted RM3.1m factoring facility

AMDB Bhd said its wholly-owned subsidiary AMDB Factoring Sdn Bhd has granted a facility of up to RM3.1 million to…


SCIB to become full service; will start factoring and...

State-owned Siam City Bank (SCIB) will become a full service bank within the next three years, adding subsidiaries during that…


Credit fund for SMEs announced

The secretary general of the Small- and Medium-Sized Enterprise Association, Nguyen Hoang Luu, has announced that the association will establish…


Kasikornbank to provide OTOP loans

Kasikornbank has joined with the Export Promotion Department to offer financial support to entrepreneurs under the One Tambon, One Product…


Trade secretary says he will focus on SME development

The growth of small- and medium-sized enterprises (SMEs) and the retention of existing investments in the country amid stronger competition…

#economy#i#smes

Exports, investments seen growing this year

Incoming Trade and Industry Secretary Cesar A.V. Purisima said he was optimistic that exports and investments would grow this year…

#exports#investment#smes

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