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Central Bank Governor Sjahril Sabirin is facing a possible four year imprisonment for allegedly being involved in corruption linked to the Bank Bali scandal, which led to government losses of some Rp 904 billion (US$96.2 million). Sjahril was also ordered...
Delays in the Council of State's legal interpretations of pending economic bills, including a draft of the Public Enterprise Corporation…
#bank#factoring legislation#management
Canbank Factors expects to be on target for turnover and profits this fiscal year despite the slowdown. The projected turnover…
A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…
#bank#Exim Bank#exporters
Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…
#bank#exporters#global trade
Japan's parliament is preparing legislation this week that will empower the Resolution and Collection Corporation (RCC) to purchase a larger…
Robin Lau, head of the Singapore Confederation of Industries (SCI), yesterday urged the government to include in the second off-Budget…
#bank#SME bank#smes
Canbank Factors, India’s largest factor by market share, have released their annual accounts for the year ended 31 March 2001.…
#assignment#assignment of receivables#financial services
The three largest commercial banks in Taiwan have temporarily suspended negotiations for letters of credit for Taiwanese companies doing business…
#bank#Bank of China#banks
United Factoring (1993) Co plans to seek a listing on the Market for Alternative Investment by the middle of next…
The Ministry of Finance has issued a green light for the 'big-three' commercial banks--First Commercial Bank, Hua Nan Commercial Bank…
Demir Factoring, the largest of Turkey’s 95 factors with 8.9% market share in 1999, is facing an uncertain future. Whilst…
The new Indian factoring and forfaiting company Global Trade Finance, a joint venture between EXIM Bank and West LB, is…
#bank#conference#credit protection