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Central Bank Governor Sjahril Sabirin is facing a possible four year imprisonment for allegedly being involved in corruption linked to the Bank Bali scandal, which led to government losses of some Rp 904 billion (US$96.2 million). Sjahril was also ordered...
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
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 (1993) Co plans to seek a listing on the Market for Alternative Investment by the middle of next…
Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has…
The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…
#bank#banks#risks
MAYBANK Group has come up with an all-in-one financing package for industrialists requiring financing from scratch for their businesses. The…
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
In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…
#banks#economy
Singapore’s Keppel Tatlee Finance Ltd (SGX:KTFN) has launched a new internet service called e-Factoring. Developed by S&I Systems Pte Ltd…
Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…
#Bill#Factoring bill#liquidity
Details of a new scheme for promptly resolving legal disputes between bankers and defaulting debtors were announced yesterday by Thailand’s…
Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…