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Asia

Bank eases export finance rates by 25bps

Syndicate Bank, the Indian finance group, has announced a series of ‘softer’ loan terms to exporters with good track records. Under the bank’s SyndExport Gold Card scheme, exporters that have demonstrated a track record of ‘satisfactory dealings’ will receive finance...

#bank#export finance#exporters

Tax breaks for corporates approved

The Thai government announced this week three tax amendments aimed at improving competitiveness within mid- to large-sized companies. The first…


Credit ‘blacklist’ to be scrapped

The Korean government is planning to end the blacklisting of credit delinquents by the end of the year, the Ministry…

#banks#economy#WHO


Factor sees fall in income for Q2 2004

Siam General Factoring Plc (SGF), the Thai factor, has reported a net profit of Bht 86.33m for second quarter 2004.…

#leasing


Government to formulate programme and financing for SMEs

The International Trade and Industry Ministry (Miti) has identified new services areas to be promoted through its agencies. These areas…

#bank#exports#international


Key interest rate lowered

The Bank of Korea unexpectedly cut the key interest rate by a quarter of a percentage point. It is the…


PhilEXIM lending soars

Philippine Export-Import Credit Agency's (PhilEXIM) total loan releases grew more than three times during the first half at P159.08 million,…

#exporters#financial institution#guarantee


Trade regulations

The export-import policy (EXIM policy) governs the import of goods into and export of goods out of India. The EXIM…


Economic recovery slows

Japanese economic growth fell far short of expectations in the past quarter, new figures showed on Friday, casting doubt on…


Hong Kong banks’ prime rates decisions

Hong Kong banks chose to keep their prime rates or lending rates steady, resisting pressure set by the hike in…


Central bank advocates SME lending amid government efforts to...

China's central bank yesterday warned that macro-economic controls remain at a crucial stage amid government efforts to cool the roaring…


Dhanamitr plans IPO

Dhanamitr Factoring Plc plans to go public in the next few months to raise funds through an initial public offering…

Late payments and defaults from overseas down in Q2...

Hong Kong firms reported fewer late payments and defaults from overseas in the second quarter as the global economy improved,…

#economic outlook#exporters#payment defaults

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