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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 to acquire a stake of between 43.4% and 47.6% of the listed finance firm, Siam General Factoring Plc (SGF), and...

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…


Canara Bank in pact with SIDBI to co finance...

Canara Bank has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for co-financing…


West Bengal Industrial Development Corporation to securitise asset portfolio...

Leading Indian and foreign banks, including Citigroup, Deutsche Bank, Syndicate Bank, ICICI Bank, and State Bank of India, have evinced…

#bank#Deutsche Bank#international


Industrial Bank of Korea to lend 1,000bn won to...

The Industrial Bank of Korea unveiled its plan yesterday (26 September) to provide a total of 1,000bn won ($865.8m) in…

#bank#bankruptcy#Clear


Exports grow by 7% in August

Hong Kong's exports grew by seven per cent year-on-year last month but the rate was slightly slower than in July…


Interest rates remain steady to bolster nascent recovery

Taiwan's central bank held its benchmark interest rates steady in a bid to support Taiwan's budding recovery on Thursday (25…


Industrial confidence peaks

Industrial sentiment hit an all-time high in August thanks to rising orders from both domestic and foreign buyers and the…


Economic growth expected to accelerate in 2004

China's economy is expected to grow by 8.3 per cent this year and perhaps another 8.5 per cent in 2004,…

#economy#Hi#investment


Minister urges SME participation in trade missions

The participation of local companies, especially small- and medium-sized enterprises (SMEs), in investment and trade missions overseas is still lacking…


Business climate worsens for small companies

The business climate for local small- and medium-sized companies (SMEs) is growing more and more unfavourable. According to the Small…

Sinosure joins with chemical engineering group in signing their...

China National Chemical Engineering (Group) Corp. (CNCEC) and China Export and Credit Insurance Corporation (SINOSURE) held a signing ceremony in…

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