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Asia

Government support for export credit insurance to rise

China’s vice-minister of commerce Yu Guangzhou has revealed that the central government is considering offering increased support to export credit insurance on farm produce. Yu said the central government is looking at raising the share of government funding to the...

Singapore bank lacks factoring presence, despite BoA buy –...

The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…

#acquisition#bank#banks


Chinese exporters urged to increase credit insurance cover

Chinese exporters of farm produce were urged today (May 12) to have their US$16bn worth of agricultural products covered by…

#export credit insurance#exporters#exports


Thailand’s SMEs share resources, target increased competitiveness

A group of small- and medium-sized enterprises (SMEs) has formed an alliance to pool resources and share strengths in order…


Turkish factoring company sells majority stake

Strategic Internet Investments, the Canadian investment company, is to purchase a 51 per cent controlling interest in Turkish factoring company,…


New banking regulation harsh on India’s SME sector

THE Madurai District Tiny and Small Scale Industries Association (Maditssia) has called for evolving policy initiatives to redress the grievances…


A government review of SMEs

The small- and medium-sized enterprise (SME) share of private sector employment in Brunei is high than the US at 59…

#Access to Finance#bank#exports


Banks lending even more to SMEs

Despite the sharp rise in the ratio of overdue loans outstanding at small- and medium-sized companies (SMEs) this year, domestic…


Banking reformer opens new commercial bank aimed at the...

Nippon Shinko - the first non-internet bank to be awarded a banking licence in Japan since 1954 - opened its…


New Export Insurance Corporation Boss

The government has announced the appointment of Kim Song-woong as head of the Korea Export Insurance Corporation (KEIC). Kim, incumbent…

#export credit insurance#exports#guarantees


Bank of Korea warns of increased financial risks for...

The Central Bank of Korea (BOK) on Monday predicted there could be a series of bankruptcies of small companies and…

#bank#exports#international


'Plans to slow down growth' leads to credit squeeze...

Signs that China is preparing to calm its breakneck economic growth are hitting stock markets across Asia. On Wednesday, Chinese…

FDI in Kyrgyzstan rose by 27 per cent in...

Kyrgyzstan drew US$146 million in foreign direct investment (FDI) in 2003, an increase of 27 per cent against 2002, Kyrgyz…

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