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Government keeps tabs on SMEs’ financial woes

Minister of Finance and Economy Lee Hun-jai has ordered senior ministry officials to step up efforts to keep liquidity problems plaguing small- and medium-sized enterprises (SMEs) from turning into a financial crisis. "The government should keep tabs on the issue...

#bank#liquidity#smes

Specialist Article – China Report

This special report examines the difficulties facing treasurers in multi-national corporates in China. Their main challenge is the absence of…


Jewellery executives plead guilty to factored fraud charges

Three jewellery industry executives pleaded guilty yesterday to charges that they were part of a $20 million rip-off of a…


Nafin back in black

Mexico's largest development bank Nacional Financiero (Nafin) reported first half net income of 113m pesos (US$9.9m), compared to losses of…


SBA launches online SME database

The Barbados Small Business Association (SBA) is launching an online business information system (BIS) to keep track of the sector's…


Factoring improves steelworks’ liquidity

After three quarters, Huta Ferrum steelworks is to present satisfactory results, says Jan Waszczak, the company's president. However, the company…

#bank#factoring contract#ING


Coface UK launches new receivables finance factoring service

Coface UK, a leading provider of credit solutions for business, has added to its range of credit management products with…


BNP Paribas and Sinosure link up for export credit...

Huawei Technology Co., Ltd., a large communication equipment supplier in China, announced in Beijing that it had obtained US$28 million…


Factoring fraudster faces 35 years in jail

The former head of the federal Superfund environmental cleanup program was found guilty on Monday of concocting a scheme to…


Deadline for FDA certificate registration approaches

The FDA Certificate course is an excellent way to help key staff build their knowledge and understanding of the industry…

#assignment#invoice#management


High Court told of disgraced Versailles director’s property portfolio...

Carl Cushnie, the businessman jailed for defrauding Versailles' investors, used the proceeds of his fraud to buy an Ј8.6m mansion…

#investment#investments#SAFE


Companies use increasingly efficient financial tools.

More and more Lithuanian firms use insurance of goods and currency fluctuation risks as a safeguard against possible losses while…

#bankruptcy#banks#insurance

Slovak EXIM Bank lowers base rate

EXIM Bank governor Ladislav Vaskovic has announced that the Slovak EXIM Bank has reduced its base rate for refinancing loans,…

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