Indonesia, and Guatemala enhance ties between SMEs
Indonesia and Guatemala recently held seminars on understanding their bilateral economic and cultural potentials, an Indonesian official has said.
Indonesia and Guatemala recently held seminars on understanding their bilateral economic and cultural potentials, an Indonesian official has said.
Anti-terrorism measures being taken by states around the world could add up to 3 per cent to the cost of international trade, a conference of exporters in Dublin was told yesterday.
Standard & Poor's Ratings Services has lowered to 'A+' from 'AA-' its long-term counter-party credit and insurer financial strength ratings on the core operating entities of the French credit insurance group Euler Hermes.
Credit managers of companies exporting to Latin America have accused credit insurers of failing to back them up and being overly cautious about trade with companies based in the region.
All credit insurance cover by Export Credit Guarantee Corporation of India Ltd.
French financial services company AGF Group said 2002 net income fell 63 per cent on write-downs of nearly Ђ1 bn against its equity portfolio, which was affected by deteriorating financial markets.
Uncertainty abounds in the global economy, as equity markets disappoint, trade disputes proliferate and fears of war overwhelm. What kind of business can thrive in such a stew? Trade-credit insurance, says a veteran practitioner.
Compass Bank said that this year it will intensify its programme of loans for Mexican small- and medium-sized companies (SMEs) despite international economic instability.
Fitch Ratings, the international rating agency, has affirmed the "AA" Insurer Financial Strength rating (IFS) on Coface S.A. Separate "AA" IFS ratings have also been affirmed on the German, Italian and Austrian subsidiaries of Coface.
Gerling, the cash-strapped German insurer, said yesterday it was seeking regulatory approval to inject Ђ200m (US$220m) in emergency funds into its ailing reinsurance unit.