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Asia

Exports rise 37% in January

Turkey's exports rose 36.9 per cent year-on-year to US$4.73bn in January, the Turkish Exporters Assembly (TIM) said. Exports were US$3.45bn in January 2003. TIM said 85.5 per cent of exports in January were comprised of products from the manufacturing sector....

State Bank of India close to finding partner

The State Bank of India (SBI) is close to completing a search for strategic foreign partners for its factoring, asset…


Exporters will get to hedge trade risk

The mini-Exim Policy today raised the equity base of the Export Credit Guarantee Corporation (ECGC) of India by Rs 300…

#bank#exporters#exports


Plant builder helps arrange SME loan packages

JCM Engineering Concept Co, a factory construction company, has set up an arrangement with banks to finance the building of…


EXIM to become core bank for international business

The Export-Import Bank of Korea (EXIM Bank) will focus primarily on opening up new markets in developing countries and expanding…

#bank#guarantees#international


Government to make digital signature a reality for exporters

The Indian government will unveil a new initiative for exporters on 28 January under which digital signatures will become a…

#banks#digital#exporters


ECGC to diversify product range

The Export Credit Guarantee Corporation of India (ECGC) may diversify into insurance lines that complement its primary business of export…

#export credit insurance#exports#guarantee


SME Bank restructures after fraud

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…

#bank#debt collection#economy


Benfield brokers trade credit reinsurance treaty in China

Reinsurance intermediary Benfield Group plc said it placed a proportional programme for export and credit reinsurance in China that would…


Association to help SMEs get funds

The Association of Banks in Malaysia chairman, Dr Rozali Mohamed Ali, said the association welcomed the government's call to look…


China Construction Bank to focus on overseas business

China Construction Bank, one of the country's big four State-owned commercial banks, said yesterday it would put an emphasis on…


SMEs get P16.65bn in loans

Small- and medium-sized enterprises (SMEs) in the country received a total of P16.65bn (US$300m) in loans last year through the…

Trading firm ventures with SMEs sought

The Siam Cement Group has expressed interest in a government initiative to establish trading companies to help promote small- and…

#interest#investment#smes

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