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State-owned credit insurer may get exclusive rights

The state-run credit insurance company Lietuvos Eksporto ir Importo Draudimas (LEID), the Lithuanian Export-Import Insurance Company, is to be sold into private hands soon, according to a report in the daily Lietuvos Rytas on Tuesday (14 October). A group of...

Tough times ahead, warns BoE governor

Britain faces tougher times throughout the coming decade, Mervyn King warned on Tuesday night in his first speech since taking…

#bank#Bank of England#interest rates


Banks transfer to International Accounting Standard

The Russian Central Bank and Finance Ministry plan to recommend audit firms for International Accounting Standard (IAS) reports, Central Bank…

#bank#banks#international


Adoption of Euro in 2009-2010

The government yesterday approved a strategy for adopting the euro in 2009 or 2010. The prerequisites for the transfer to…

#bank


How tax reforms will impact on SMEs

Government proposals for corporation tax reforms will affect every company in the country and small and medium sized enterprises (SMEs)…


State Minister expects end-2003 exports at $45bn

Kursad Tuzmen, the State minister responsible for foreign trade, expects exports to reach $45bn and imports to stand at $64bn-$65bn…


Small firms to get help in going North

The Korea Federation of Small and Medium Business said on Monday (13 October) that it has formulated an arrangement with…


Fortis Bank signs two “multi-sourcing” framework agreements

Fortis Bank has signed two new “multi-sourcing” framework agreements of Ђ50 million each with Vietindebank and Vietcombank. These agreements were…

#bank#exporters#financial services


ACCA announce seminars on good accounting management for SMEs

ACCA (the Association of Chartered Certified Accountants) Hong Kong is holding a series of free seminars and talks to be…


Factoring sector reports US$9m profits for Q2, up over...

Mexico's 16 factoring companies reported consolidated net income of 101 million pesos (US$9.03m) during the second quarter 2003, up 28.7%…


Small Business Administration programme to lure more minorities

The Small Business Administration (SBA) has entered into agreements with a pair of minority business groups to try to increase…


Bill promotes small business loan securitisation

Senator Olympia Snowe introduced legislation that authorizes the Small Business Administration (SBA) to establish a three-year pilot programme that will…

Government released Ј6m for disadvantaged communities to start up...

The government has today released Ј6m worth of funding to encourage and assist more people from disadvantaged communities to start…

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