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GE Commercial Finance expect double-digit profit growth in 2004,...

General Electric Co.'s (GE) huge commercial finance arm, in contrast to its parent company, continues to expect another year of double-digit profit growth. It also expects assets to climb to around US$240 billion to US$250 billion this year, thanks both...

#commercial finance#conference

Opportunities for SMEs

Sarawak ranks high among other States in Malaysia that generated investments for the country last year with a contribution of…


CEDB signs EUR 20 million agreement for SMEs financing

The Council of Europe Development Bank (CEDB) and Raiffeisenbank - Bulgaria signed Ђ20 million framework agreement for financing small- and…

#bank#Boost#interest rates


The year 2003 was a good one for the...

The Special Investigation Commission (SIC), which was set up by the authorities to investigate money-laundering activity in Lebanon, received 272…

#bank#banks#Clear


SMEs should treat new tax-free incentive for filing returns...

The Inland Revenue's offer to small employers of up to Ј825 over the next four years for filing their returns…

#Clear#Paid#Penny


New survey shows upturn in service sector

The service sector upturn has arrived with business volumes rising across the sector at the fastest rate for over a…

#investment#Two#UK firms


Financial black hole in corporates’ finances can spell mortal...

Atradius, a global leader in credit insurance and credit management, has warned of the dangers faced by suppliers of companies…

#Atradius#international#management


Experian launches new international report service

Experian®, the global business solutions company, has launched a new international service – providing financial and credit checking information on…


Euler Hermes sees 88% jump in profits, largely powered...

French credit insurer Euler Hermes saw its 2003 net profit increase by 88 per cent to Ђ146.1m, although sales only…


Guarantee provided by IPI Financial Services to GMAC Commercial...

IP Innovations Financial Services, Inc., a provider of specialised financial guarantees and credit enhancements, has successfully assisted GMAC Commercial Finance…


Financial Secretary expected to present friendly first budget, say...

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…

#bank#banks#Boost


National revenue up 14.7% in 2003

China's national revenue exceeded 2 trillion yuan for the first time to reach 2.1691 trillion yuan in 2003, said Minister…

Strong exports power manufacturing upturn

Strong exports have been powering the manufacturing industry upturn, the state-funded Korea Development Institute (KDI) has reported. It said economic…

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