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Asia

Government to lend P10 billion to small-scale ventures

Some P10 billion will be lent in wholesale and retail lending to small- and medium-size enterprises (SMEs) during the second half of 2003. "There is a deluge of applications and we are confident that we will reach the P10 billion...

Regulatory body calls for SinoSure to play greater role...

Wu Dingfu, chairman of China Insurance Regulatory Commission has expressed his expectations that China Export & Credit Insurance Corporation (SinoSure)…


Non-bank finance – Reform firmly on the agenda

The presence of three cabinet ministers at a recent World Bank seminar on non-bank financial institutions was intended to underline…

#bank#conference#financial services


Bank Muamalat announces new SME products and insurance tie-up

Bank Muamalat Malaysia Bhd will introduce new financial tools catering to small- and medium-scale enterprises (SMEs). President and chief executive,…

#bank#insurance#SME financing


Oriental Bank cuts lending rates for SSIs

Oriental Bank of Commerce (OBC) has reduced its interest rates and margins on advances to small-scale industries (SSI) sector. The…


Central bank says no signs of a slowdown in...

Thailand’s economy maintained its robust growth in May, driven by strong domestic demand and higher exports in terms of both…


Jatoi approves the opening of 18 new regional business...

Liaquat Ali Jatoi, federal minister for Industries and Production, has advised the Small and Medium Enterprise Development Authority (SMEDA) to…


Standard Chartered targets SMEs to form 10% client base

Standard Chartered Bank Malaysia Bhd aims to have local small- and medium-scale enterprises (SMEs) making up at least 10 per…

#bank#financial services#management


Few SMEs taking advantage of government loan assistance

The P10 billion (US$188 million) financial credit assistance made available by the government for small- to medium-size enterprises (SMEs) expires…


Bank of China ranks 7th in world's export factoring

Sources from the Bank of China (BOC) said that, according to statistics published by Factors Chain International, BOC ranked seventh…

#bank#Bank of China#international


Ministry of Economic Affairs targets SMEs

Taiwan has always been a breeding ground for economic growth and innovation. Now, facing the dual challenges of the SARS…

#economy#innovation#interest


SARS lowers growth of industrial profits in May but...

The growth of profits of Chinese industrial enterprises in the first five months of the year was 12.9 percentage points…

Bajaj Allianz to enter credit insurance business

Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…

#Allianz#exporters#guarantee

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