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Budget 2005 to focus on SMEs

Budget 2005 is expected to continue to focus on small- and medium-sized enterprises (SMEs), and provide new impetus to the agriculture, service and health tourism sector, says Ernst & Young Tax Consultant Sdn Bhd's executive director, Kenneth Lim. He said...

#economy#smes

SME Bank to get commercial licence

SME Bank, a development finance institution, will get a commercial bank licence from the State Bank next month, according to…


Banks set up 110 billion won fund to aid...

According to the Korean bank, Woori Bank and US investment bank Merrill Lynch will jointly establish a private equity fund…

#bank#banks#management


SMEs losing hope of economic recovery

According to a survey by the research company Konsensus, small- and medium-sized enterprises (SMEs) are losing hope over the economic…

#crisis#economic recovery#economy


Manufacturers’ confidence falls to 12-month low

A number of producers still predict the economic slowdown will continue with pessimism growing among small- and medium-sized enterprises (SMEs),…

#bank#economy#exporters


MDV giving out up to RM1.5b loans to SMEs

Malaysia Debt Ventures Bhd (MDV) will introduce micro loans of between RM500,000 and RM1.5 million for small and medium enterprises…


Factoring to help overcome working capital crunch

Because arranging short-term finance remains a matter of concern for small- and medium-size enterprises (SMEs), the central bank yesterday suggested…


In an interview with a leading factor, legal framework...

While foreign banks eye `factoring' as the future finance product for India, corporates operating in this space for the last…


BPI to increase loan portfolio for SMEs

The Bank of the Philippine Islands (BPI) said it was expanding its loan exposure to small and medium enterprises (SMEs)…

#bank#management#risk


First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…

#bank#capital requirements#credit risk


Small firms' confidence worsening

The business confidence of small companies is expected to continue to fall thoughout September, according to a report by the…

#exports#small business#small businesses


Exports up again in July

Hong Kong's exports in July rose 16.5% year-on-year to HK$ 183.6 bn, after an 18.2% growth in June, the government…

#exports#trade

Bank of Communications ratings outlook raised

Standard & Poor's (S&P) Ratings Services has revised the outlook on its 'BB' long-term foreign currency counter-party credit rating on…

#acquisition#asset management#bank

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