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ASEAN

Factoring Operation Contributes to CAHB Group’s Profits

Commerce Asset-Holding Bhd Group (CAHB) has registered a 10.3% increase in its operating profit to RM1.17bil for the nine-month period ended 30 September 2001. The group’s higher year-on-year operating profit was achieved on the back of higher earnings and a...

Collateral Rule to be Relaxed

For years, commercial banks have been urged to improve their credit analysis and risk management to turn away from traditional…


Stock Exchange Board Approve Listing of AEON Thana Thinsap

The Stock Exchange of Thailand (SET) president, Kittirat Na Ranong, said the SET board has approved the listing of AEON…


BFC appoints PWC as advisor

Publicly listed PT Bakrie Finance Corporation (BFC), a subsidiary of the Bakrie & Brothers Group, and its creditors have agreed…

#i#leasing


Director of PT Era Giat Prima Cleared of Charges...

Central Bank Governor Sjahril Sabirin is facing a possible four year imprisonment for allegedly being involved in corruption linked to…


Raft of New Bills, Including Factoring Legislation, is Deemed...

Delays in the Council of State's legal interpretations of pending economic bills, including a draft of the Public Enterprise Corporation…

#bank#factoring legislation#management


Head of Confedaration of Industries Calls for an SME...

Robin Lau, head of the Singapore Confederation of Industries (SCI), yesterday urged the government to include in the second off-Budget…

#bank#SME bank#smes


United Factoring of Thailand Seeks Alternative-Market Listing

United Factoring (1993) Co plans to seek a listing on the Market for Alternative Investment by the middle of next…


Siam General Factoring Records Impressive Growth in Profit in...

Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has…


Industry Ministry Lobbies to Establish New SME Bank

The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…

#bank#banks#risks


Maybank Develops All-In-One Finance Package

MAYBANK Group has come up with an all-in-one financing package for industrialists requiring financing from scratch for their businesses. The…


“Fragile” Recovery in Thailand Likely to Weaken

The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During…

#bank#economy#exports

Malaysian Banks Continue to Record New Non-Performing Loans

In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…

#banks#economy

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