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The Government of Taiwan is seeking to accelerate the introduction of a new law aimed at reducing the number of financial institutions operating in the country by encouraging mergers. At the same time, a cabinet committee charged with overseeing economic...
In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…
#banks#economy
Singapore’s Keppel Tatlee Finance Ltd (SGX:KTFN) has launched a new internet service called e-Factoring. Developed by S&I Systems Pte Ltd…
In recent months, Lanka Orix Factors have experienced a slight shift in their client base as they take on more…
#BCR Publishing
Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…
The German based bank West LB are planning the launch of a new export factoring service in India, where they…
Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…
#Bill#Factoring bill#liquidity
The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…
Details of a new scheme for promptly resolving legal disputes between bankers and defaulting debtors were announced yesterday by Thailand’s…
Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…
Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…
#investment
In July Japanese corporate bankruptcies rose 21% year on year to 1,617. Total debts owed by bankrupt firms tripled to…
On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…
#bank#economy#interest rates