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Asia

Credit scoring and factoring boosts lending to SMEs

New credit scoring techniques have paved the way for unsecured lending in the small- and medium-sized business (SME) sector, which has recorded 23 per cent growth as a result, HSBC says. “By using credit scoring we have been able to...

ECGC credit risk policies to have NIC marine cover

The Export Credit Guarantee Corporation of India (ECGC) and National Insurance Company Ltd have decided to unite to provide marine…


Chinese central bank hints at further tightening

China's central bank said that further measures might be needed to slow credit growth after it tightened monetary policy by…

#bank#Bank of China#banks


Small firms' default rate rising

The lengthy economic slump has led to growing overdue small- and medium-size companies (SME) loans. According to financial sources, the…


Siam General Factoring Plc's buys expertise in merger

Siam General Factoring Plc's purchase of Global Thai Finance will bring financial expertise to the former and a backdoor listing…


Slovenia sign deal to boost trade cooperation

Following the Joint Economic Commission (KEK) meeting in Ankara, Deputy Prime Minister Abdullatif Sener and Slovenian Economy Minister Tea Tapetrin…

#Boost#economy#investments


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…


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…

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