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Fraud hammers Potential Finance results

Potential Finance Group PLC went into the red in a "challenging” year to September, with its results weighed down by a Ј1.53 million provision for doubtful debt. In a telephone conversation with BCR Publishing Ltd, Vivien Ware, finance director of...

#bad debts#BCR Publishing

Small business needs 1,000 billion rubles (US$ 35 billion)...

Russia's small businesses need nearly a trillion rubles of financial resources, Yevgeny Primakov, president of the Russian Chamber of Commerce…


Tenth interest rates cut since December 2002; down to...

Norway's central bank cut its key interest rate on Thursday by 25 basis points to a new record low of…

#bank#economy#inflation


The search for the British Small Business Champion of...

The national hunt for the 2004 British Small Business Champion is about to kick-off for its third year. The competition…

#awards#small business#small businesses


Intrum Justitia: regional managing director for UK and Ireland...

Intrum Justitia, Europe's leading credit management services company, today announced the appointment of John Easden as regional managing director for…


Financial Secretary Henry Tang’s maiden budget well received

The government of the Hong Kong Special Administrative Region is taking firm measures to rein in its budget deficit, which…


Economy shows no signs of slowing

China's industrial output soared 23.2 per cent in February from a year earlier, official data shows, suggesting the economy is…

#economy#exports#investment


Economic growth expected to exceed government forecast

Singapore is poised for its strongest economic growth in 4 years. The Singapore economy is expected to grow at the…


HSBC launches this year’s Start-Up Stars Awards to find...

HSBC Bank begins its search for Britain’s top new businesses and the entrepreneurs who run them with the launch of…


SMEs’ exports helped by proxy overseas offices

KOTRA's overseas offices, which serve as foreign branch offices for local small and medium enterprises (SMEs), helped chalked up US$1.02…

#exports#smes


Alleged MX Factors fraud case latest; judge freezes assets...

Riverside, California firm MX Factors and its two Inland Empire investment arms -- all three accused of running a multi-million-dollar…

#Corona#i#investment


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…

#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…

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