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Asia

Small business loans P15bn in September

The government released some P15 billion in loans to small- and medium-sized enterprises (SMEs) from January to September this year under the SME Unified Lending Opportunities for National Growth (Sulong) programme. In a statement, Trade Secretary Manuel A. Roxas II...

Rise in CPI is good news for economy

A rebound in the consumer price index (CPI) in August has encouraged economic researchers to confidently predict that the Chinese…

#bank#Bank of China#banks


Japan's megabanks to begin factoring Chinese receivables

In December, Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc, will begin buying Chinese receivables from Japanese companies…

#bank#banks#receivables


US$12m loan agreement with ADB for SMEs

Federal Secretary of Industries and Production, Javed Ashraf Hussain, said yesterday (7 October) that Pakistan was negotiating a US$12 million…

#ADB#Asian Development Bank#bank


Banks not proactive in giving out loans to SMEs

The change in the financial institutions’ corporate culture as a result of their consolidation has left small- and medium-scale enterprises…

#bank#banks#Boost


Small business confidence rises

Japan's small business confidence rose in September to its highest level in three years, boosted by accelerating growth in the…

#bank#economy#GDP


EBRD allocates $350m to small business over five years

The European Bank for Reconstruction and Development (EBRD) has allocated $350m to 60,000 borrowers over five years as part of…


Interest burden declines more for mid-sized companies

The effects of the steady decline in the interest rates have been sharply divergent for frontline companies (large and mid…

#economy#interest#interest rates


Many small firms unable to withstand downturn for three...

More than half of the chief executive officers (CEOs) of the country’s small and medium sized enterprises (SMEs) say they…


Mbeki's India visit holds promise for SMEs

Small and medium enterprises (SMEs) in India and South Africa will benefit from a preferential trade agreement expected to be…


Paolo Medic bid for stake in Siam General Factoring

According to Chanin Yensudchai, managing director of Paolo Medic, operator of the Paolo Memorial Hospital, unlisted Paolo Medic is about…


Mandiri Bank to cut debt for SMEs

Shareholders of state-owned Bank Mandiri on Monday (29 September) approved the bank's plan to grant Rp2,000bn (US$238m) debt retrenchment, mostly…

#bank#management#smes

SMEs business slump continues into August

Small- and mid-sized enterprises (SMEs) are struggling with the worst business conditions this year, with the August indicator for SMEs…

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