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World Bank upbeat over Asia outlook, including Singapore

The World Bank has become more upbeat about next year's economic outlook for East Asia, including Singapore. In its bi-annual economic update on Thursday, 16 October, the bank reckoned Asian economic growth should pick up to almost six per cent...

SMEs should venture into export market

Zimbabwe's economy at the moment finds itself in unprecedented macroeconomic difficulties. There is an acute shortage of foreign currency, inflation…

#interest rates#international#International Trade


EBRD supports small business in Romania

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have released Ђ5m to Microfinance Bank MIRO,…

#bank#international#microfinance


International Finance Corporation proposes small business finance for Iraq

The World Bank's private-sector financing arm will seek support for more than US$100 million worth of projects in Iraq at…

#bank#business finance#conference


Reserve Bank slashes repo rate to lowest since 1986

Prime lending rates are set to hit a 17-year low of 12 per cent after the South African Reserve Bank…


EXIM seeks to become core bank for international business

The Export-Import Bank of Korea (EXIM Bank) is seeking to become a core bank for international business, supporting the government’s…


Signs of recovery in the timber and paper sectors...

Credit solutions company, Coface UK, has warned that the printing industry shows no sign of an upturn, although the paper…


Informal talks started concerning ERM II membership

According to the governor of the Hungarian National Bank (MNB), the MNB and the European Central Bank (ECB) have started…


Factor wins case against DaimlerChrysler attempt to write off...

DaimlerChrysler, the German-US car manufacturer, has been told by the Federal Supreme Court of Germany that it will have to…


Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…

#bank#financial services#guarantees


Prudent regulations for SMEs next month

According to the State Bank of Pakistan’s (SBP) executive director, SBP Mansoor-ur-Rehman Khan, the bank will announce prudent regulations for…


SMEs should be more aware of impact of the...

Irrespective of whether the UK decides to join the single currency, the euro-zone is already a practical reality for the…

RBS Commercial Services’ bad debt protection

More and more businesses using invoice finance are protecting themselves against bad debt caused by the failure of one or…

#bank#international#invoice

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