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Economic upswing is too little too late

The Institute for Economic Research (IER) in Munich gave a glimmer of hope to the economy on Tuesday when its index registered an upswing. IER, the most important barometer of the German economy, said there was an unexpected leap in...

#economy#German economy#Jobs

Corporate tax higher than in OECD nations

Korean businesses have been paying far higher corporate income taxes than the average paid in member nations of the Organization…


Factoring company loses director

Siam General Factoring has reported that Kenneth Wong Chee Hoong had resigned as a director. Source: Bangkok Post


Marquette Financial acquires factoring business from KBK Capital Corporation

A newly created subsidiary of Marquette Financial Companies will acquire the purchased receivables division known as KBK Financial, Inc. from…


APP Signs US$6.7bn debt deal; US Exim Bank sues...

Asia Pulp & Paper Co (APP) has signed a US$6.7 billion restructuring agreement with key creditors. But the filing of…


Freeze on modular tax for SMEs

The Spanish treasury has confirmed that the modular business tax payment system for small- and medium-sized enterprises (SMEs) will be…

#Paid#smes


Hermes to raise stake in Lietuvos Draudimo Kredito Draudimas...

Germany's Euler Hermes Versicherungsbeteiligungen, one of the leading credit insurance companies in Europe, is set raise its shareholding in Lietuvos…


Davenham appoints Southern Regional Director

Andy Dimmock has been appointed southern regional director of Manchester-based Davenham Group with immediate effect. Commenting on his new role…

#commercial finance#funding#i


Fears of new period of uncertainty

"Russia is stepping into a new age of uncertainty", said Pekka Sutela, a Finnish expert on the economies of Eastern…


Euler Hermes eyes large business potential in Romania

The Euler Hermes Group has decided to offer credit insurance services in Romania in cooperation with Allianz-Tiriac insurance company in…


EBRD adopts new strategy for Hungary, includes significant support...

The European Bank for Reconstruction and Development (EBRD) has adopted a new strategy to support the strengthening of Hungary's economy…


Coface signs partnership agreement with Ping An, China's second-largest...

Coface Group, a world leader in export credit insurance and commercial risk management, has signed a partnership agreement with Ping…

#bank#guarantees#international

EBRD to invest 300 million in Hungary this year

The European Bank for Reconstruction and Development (EBRD) will invest a total of Ђ300m in Hungary this year, according to…

#bank#conference#export credit insurance

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