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Asia

Kazakhstan receives US$24.5 bn of FDI

Total foreign direct investment (FDI) in the Kazakh economy in 1993-2003 amounted to US$24.5 billion, Yerlan Arinov, head of the investment committee at the republic's Industry and Trade Ministry said. The main investors in this period were the US, UK,...

#economy#investment#trade

Small Debt Resolution Scheme to help SMEs

Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the…

#bank#banks#conference


The future of Thai banking

Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence…

#bank#financial services#management


Tax service gets tough on fake invoices

The National Tax Service is stepping up efforts to stamp out the trade in fraudulent invoices, which some traders use…

#fake invoices#trade


Arroyo earmarks US$358m for SME loans

President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…

#bank#conference#smes


UOB to leverage on niche in SMEs

United Overseas Bank (M) Bhd (UOB) plans to gain market share and enhance profits by building on its niche in…


Public Bank posts record profit, SME loans up 14%

Public Bank Bhd has posted a record net profit of just over RM1bn for the financial year ended 31 December…

#bank#SME loans#smes


ADB signs US$85 million loan to help SMEs

The Asian Development Bank (ADB) said it had signed a US$85 million export credit agreement with six Indonesian banks, including…


Euler Hermes signs a cooperation agreement with SINOSURE

In order to expand its presence in the Chinese market the Euler Hermes Group has entered into a cooperation agreement…


Banks' long-term credit rating improving

Things are looking up in Turkey. The Fitch Agency, which issues international credit ratings, has upgraded both Turkey's credit rating…

#bank#banks#international


Banks not fully equipped to lend to small-scale sector...

Reserve Bank of India has said that banks are not fully equipped to promote small-scale enterprises and asked them to…

#bank#exports#risk


Foreign banks licenced for yuan transactions, one to start...

Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…

#bank#banks

DTI looks to revise November exports statistics

The Department of Trade and Industry (DTI) has insisted that Philippine exports grew by at least 18 per cent last…

#exporters#exports#management

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