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Credit access a problem for SMEs

Despite commitments by financing institutions to fully support small- and medium-sized enterprises (SMEs), most entrepreneurs are still finding it hard to access credit and loan facilities. Lou Pasawa, city director of the Department of Trade and Industry (DTI), said there...

#financial institutions#smes#trade

IFC, government launch US$19m initiative for SMEs

The Indonesian government and the International Finance Corporation (IFC) here on Tuesday (2 September) officially launched a US$19 million programme…


Industrial growth stages a recovery after languishing for five...

The phase of prolonged slowdown and demand recession appears to be finally over for Indian industry. The manufacturing sector is…


PCI Leasing buys back 77,000 shares

PCI Leasing & Finance Inc announced yesterday (3 September) that it has repurchased an additional 77,000 of its shares on…

#leasing#receivables#receivables discounting


Tough days ahead – World Bank report

Growth is likely to accelerate throughout the South Asia region and Bangladesh in 2003, up to an average of 5.4…


Exports rose in August with 29.1 per cent, reaching...

Turkey's exports in August rose 29.1 per cent on last year to reach $3.89 billion despite the appreciating lira, according…


SME Bank to disburse Rs13.1 billion credit during next...

The SME Bank would disburse credit worth Rs13.1 billion during the next four years. The parliamentary secretary for Finance, Umer…


Small and Medium Industry Development Organisation provides grants for...

The Small and Medium Industry Development Organisation (KOSGEB) will provide Ђ60,000 in grants to small- and medium-scale enterprises (SMEs) operating…


Asuransi Kredit Indonesia to link with Korea's Kotec

Credit insurance company PT Asuransi Kredit Indonesia (Askrindo) has agreed to cooperate with Korea Technology Credit Guarantee Fund (Kotec) from…

#guarantee#insurance


Asian Development Bank assures full support to SMEs

A delegation of the Asian Development Bank (ADB) assured full support to the members of Small and Medium Enterprises in…

#ADB#Asian Development Bank#bank


Mixed signals for Japanese economy

Japan's factories boosted their output in July by a greater margin than expected, delivering a shot in the arm to…


More financing tools needed for SMEs

"Innovation" and "diversification" are perhaps the most frequently used words in China these days, especially when government officials and economists…

Small firms pessimistic on economic recovery

Local small- and medium-sized companies still think that business conditions will not recover any time soon, the Korean Federation of…

#exports#small business#small businesses

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