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Asia

First farm produce export credit insurance case settled

Shandong Zhucheng Foreign Trade Group Corporation (Zhucheng Foreign Trade), a leading poultry meat exporter, has received compensation of US$760,000 from China Export & Credit Insurance Corporation (CECIC). According to a principal from Zhucheng Foreign Trade, the compensation offset its loss...

Job-creating firms to get big tax cut

Business start-ups that hire more than 10 employees will enjoy tax exemptions of up to 100 per cent over the…

#economy#interest rates#Jobs


Central bank reports rise in delinquent firms

The number of service businesses that defaulted on payments jumped last month. The Bank of Korea said yesterday that 401…

#bank


SMEs take advantage of zero import tariff

Malaysian companies, especially small- and medium-sized enterprises (SMEs), have started to take advantage of the zero import tariff on Hong…

#economy#exports#GDP


SMEs expect higher revenue 2004, but not profit growth

Singapore's small- and medium-size enterprises (SMEs) are expecting an increase in sales this year, but they don't expect this to…

#Bill#international#regulation


Eximbank cuts export loan rates

State Minister Kursad Tuzmen has announced that Eximbank has cut its short-term lira export loan rates by two per cent…

#bank#exporters#interest


SMEs lack knowledge of intellectual property rules

Many local businesses and institutions are not in a position to benefit from intellectual property (IP) because of their lack…


Cheap credit tap opens for SMEs

With large blue chip companies no longer knocking on banks' doors, bankers today are lending against the receivables of SMEs.…


Official export-credit programmes

Teximbank operates programmes designed to insure exports against commercial and political risks. The majority of the companies accessing the service…

#exports#political risks#risk


Banks squeezed to lend more

Bankers reacted negatively to the government's move to prod lenders to free up loans to consumers and small companies. A…

#bank#cash-flow#liquidity


Smaller companies experience liquidity squeeze

Growing numbers of small- and medium-sized companies (SMEs) are experiencing a liquidity squeeze as a consequence of rising costs in…

#bank#cash-flow#digital


Financial help vital for private businesses

China's top legislators and advisers are calling for the government to beef up efforts to solve funding difficulties that affect…

Financial Secretary Henry Tang’s maiden budget well received

The government of the Hong Kong Special Administrative Region is taking firm measures to rein in its budget deficit, which…

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