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The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During the first half of the year gross domestic product increased by 5.9% over its level in January-June 1999. Exports have...
#bank#economy#exports
The three banks which created the new “superbank” Mizuho in September have reported mixed half-year earnings. Dai-Ichi Kangyo Bank, Fuji…
At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was…
#bank#IBM#insurance
The Government of Taiwan is seeking to accelerate the introduction of a new law aimed at reducing the number of…
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…