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Asia

SIDBI to run $40m support fund for SMEs

THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises, according to Mr P.B. Nimbalkar, Chairman, SIDBI. Addressing an interaction meeting organised by the Tamil Nadu Small and Tiny Industries...

#bank#guarantee#guarantee scheme

1.8bn baht sought for SMEs development

The Industrial Promotion Department plans to seek the National Economic and Social Development Board's approval for a budget of 1.8-billion…

#bank#Boost#management


Thai agencies plan May launch for program aimed at...

Four state and private agencies have officially begun a cluster programme to help small and medium-sized enterprises strengthen their competitiveness…


Sweeping bank reforms aimed at boosting economic growth

Jing Shuping, once branded a "reactionary capitalist" in the Cultural Revolution and banished to a farm, was instrumental in persuading…


Listing of hundreds of companies on Thai Stock Exchange...

As many as 300 companies are ready to list on the Stock Exchange of Thailand, according to Twatchai Yongkittikul, secretary-general…

#alternative funding#bank#banks


Budget should look to modify credit norms for SSIs

The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…

#bank#guarantee#securitisation


Financing and factoring firm lists shares on PSE

The Philippine Stock Exchange marked its first full week of trading this year with the listing of Makati Finance Corp.,…

#investment#receivables


Number of SMEs falls

The number of small and mid-sized enterprises (SMEs) opening for business in November fell both from the previous month and…


State firms still dominate China's economy

A survey of China's top companies in 2002 has highlighted the extent to which the state sector still overwhelmingly dominates…

#economy


SME Bank given formal approval

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has made its formal debut with the proclamation yesterday…


Bangkok Bank head expects interest rates cuts in the...

Bangkok Bank chairman Kosit Panpiemras said that continuing excess liquidity among Thailand’s commercial banks could see them opting for further…

#bank#interest rates#international


The Asian Development Bank approves SME export development loan...

The Asian Development Bank on Wednesday approved a loan of US$85 million to a small and medium-sized enterprise (SME) export…

#ADB#Asian Development Bank#bank

Thai economy expanded by a surprise 4.9% Q3.

Robust domestic demand and unexpected export growth have helped Thailand's economy to expand by 4.9 per cent in the first…

#banks#economy#exports

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