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Asia

SMEs struggle in a worsening economic environment

Business conditions for local small- and medium-size enterprises (SMEs) are becoming increasingly unfavourable with the local economy showing no signs of recovery. According to the Korea Federation of Small and Medium Business (KFSB), mounting inventories are pulling down factory operation...

SMES need financing to sustain operations

A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…

#international#smes#sustainability


Exports by SMEs to exceed US$100 bn by 2007

Annual exports by small- and medium-sized enterprises (SMEs) will top US$100 bn by 2007, the Small and Medium Business Administration…

#exports#international#smes


Bank Of China reports strong growth in factoring business

The Bank of China (BOC) reported a strong growth in factoring business in the first quarter of this year, with…


SME Bank to raise capital to accommodate demand for...

The Finance Ministry has granted approval to the Small and Medium Enterprises Development Bank (SME Bank) to raise its capital…


Federation of Malaysian Manufacturers lobbies banks for alternative collateral...

The Federation of Malaysian Manufacturers (FMM) has proposed that banks should offer alternative forms of collateral for small- and medium-sized…

#bank#guarantees#interest rates


Federation of Thai Industries to speed up SME loan...

The Federation of Thai Industries (FTI) has signed an agreement with the Small and Medium Enterprise Development Bank of Thailand…


Resona Bank in crisis – Regional economies and their...

The repercussions of Resona's partial nationalisation are likely to be felt throughout Japan's regional economies, where the bank had built…


President to seek US$95m from Washington to fund SMEs...

President Gloria Macapagal-Arroyo will ask Washington for US$95 million in technical and financial assistance to boost the growth of local…


Kasikornbank offers trade credit insurance and guarantees with partners

Kasikornbank, in co-operation with Exim Bank, Kasikorn Factoring and Phatra Insurance, has announced a new trade credit insurance and guarantee…

#bank#exporters#guarantees


Bank Negara sets up special unit to help SMEs

Bank Negara Malaysia has set up a special unit to help small- and medium-size enterprises (SMEs) obtain financing. The Small…


Corporate bankruptcies hit 27-month high

Due to the continuing economic slowdown, corporate bankruptcies rose to their highest level in 27 months in April, the Bank…

Philippine exporters to sign agreements on SME development

The Philippine Exporters Confederation (Philexport) will sign agreements this week with three separate entities aimed at helping develop small- and…

#bank#exporters#smes

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