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ASEAN

Credit Guarantee Corp offers more funds and increased flexibility...

Credit Guarantee Corp Malaysia Bhd (CGC) has revised its Islamic banking guarantee scheme (IBGS) to increase available funds for small- and medium- scale enterprises (SMEs). Managing director and chief executive Datuk Wan Azhar Wan Ahmad said the revised IBGS allows...

SMES need financing to sustain operations

A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…

#international#smes#sustainability


SME Bank to raise capital to accommodate demand for...

The Finance Ministry has granted approval to the Small and Medium Enterprises Development Bank (SME Bank) to raise its capital…


Federation of Malaysian Manufacturers lobbies banks for alternative collateral...

The Federation of Malaysian Manufacturers (FMM) has proposed that banks should offer alternative forms of collateral for small- and medium-sized…

#bank#guarantees#interest rates


Federation of Thai Industries to speed up SME loan...

The Federation of Thai Industries (FTI) has signed an agreement with the Small and Medium Enterprise Development Bank of Thailand…


President to seek US$95m from Washington to fund SMEs...

President Gloria Macapagal-Arroyo will ask Washington for US$95 million in technical and financial assistance to boost the growth of local…


Kasikornbank offers trade credit insurance and guarantees with partners

Kasikornbank, in co-operation with Exim Bank, Kasikorn Factoring and Phatra Insurance, has announced a new trade credit insurance and guarantee…

#bank#exporters#guarantees


Bank Negara sets up special unit to help SMEs

Bank Negara Malaysia has set up a special unit to help small- and medium-size enterprises (SMEs) obtain financing. The Small…


Philippine exporters to sign agreements on SME development

The Philippine Exporters Confederation (Philexport) will sign agreements this week with three separate entities aimed at helping develop small- and…

#bank#exporters#smes


Government to give full support to SMEs for financing...

The Thai government has pledged the full weight of its support to the small- and medium-size enterprises (SMEs) to enable…


Wee See Long joins GE Commercial Finance, Singapore

Wee See Long, formerly country manager with CIT/Newcourt, Singapore, has joined GE Commercial Finance as director of business development, Asia…


SMEs get fast-track loans that do not need collateral

New entrepreneurs can now qualify for loans of up to 500,000 baht within just seven days under a fast-track programme…

#bank#interest rates#small business

Credit line offered to SARS-affected small tourist firms

The Small Industry Credit Guarantee Corporation (SICGC), in conjunction with the Small and Medium Enterprise Development Bank of Thailand (SME…

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