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Bank Negara allocates RM800m to help SMEs restructure debts

Bank Negara has allocated RM800 million under a Rehabilitation Fund to provide new financing for small- and medium-sized enterprises (SMEs) that need to restructure their debts. In a statement on Wednesday, the central bank announced the establishment of the fund...

#bank#banks#commercial finance

Siam General Factoring reports loss in Q3

Siam General Factoring reported a net loss of 192.51m bt for Quarter 3, 2003, compared to a net profit of…


Exports growth on course

The average export growth of around 10 per cent during the April-October period augurs well despite the hardening of the…


Consumption surges, economy powers ahead

Despite growth numbers that would be phenomenal in a country like the United States or Japan, China's retail sales are…

#economy#exports#investment


Auditors urged to partner banks for successful SME loan-assessment...

The auditor community has been urged to partner local banks by providing them with a credible and consistent set of…

#conference#international#management


Small Business Corp raises 2003 lending target to P2bn

The Small Business Corp. (SB Corp.) has surpassed its full-year target of P1.6bn (US$28.9m) in terms of lending and guarantees…


Karur Vysya to market ECGC risk products

The Export Credit Guarantee Corporation (ECGC) has signed a Memorandum of Understanding (MoU) with Tamil Nadu-based Karur Vysya Bank Ltd,…


SBI cuts rates for priority sector lending

The State Bank of India (SBI) has made credit to borrowers in the small-scale industries (SSI) and agriculture sectors cheaper…


China agrees to set US$ 500 million credit line...

China will provide a credit line of US$ 500 million to Pakistan on a soft-term basis, which would be utilised…


Gimhae promotes exports of mid-sized companies in Eastern Europe

A delegation promoting exports from medium-size businesses in Gimhae, South Gyeongsang Province, have signed provisional contracts worth US$19m with importers…

#exports


First SMEs logistics base to open next year

Starting in January next year, Korea's first logistics base for small- and medium-sized enterprises (SMEs) is to go into operation…


Small companies start to stir

A missing piece of Japan's recent economic recovery is beginning to fall into place. Large goods-producing exporters had been the…

SME loans soar in October

Outstanding corporate loans rose 2.6 trillion won in October, up from the 700 billion won rise in September, owing to…

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