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Tax changes will give businesses a boost

Tax and business-expense changes enacted earlier this year should begin to kick in before the end of the year, generating new purchases by small business and additional jobs, the head of the Small Business Administration says. Hector Barreto said a...

#Boost#Jobs#small business

Securitisation act may lose sting

Two crucial provisions in the Securitisation and Reconstruction of Financial Interest and Enforcement of Security Interest Act, enabling banks and…


CNB to require banks to create mandatory minimum reserves

The Czech National Bank's (CNB) decision to require banks to create mandatory minimum reserves as of November 6 will create…

#bank#banks


South African Reserve Bank cuts key repo rate by...

The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in…

#bank#interest rates#international


SMEs to benefit from Bimp-Eaga cooperation with EABC

It took quite a while before members of the East Asean Business Council (EABC) realized the huge potential of the…


Lloyds TSB Commercial Finance assists Simbec MBO

Lloyds TSB Commercial Finance in Swansea has helped secure a management buy-out (MBO) at pharmaceutical research company Simbec Research. Senior…


Ingram Micro expects to record charges related to Micro...

Ingram Micro Inc. expects to record a third-quarter charge of up to $20 million (approximately $13 million net of tax)…


SMEs urge Karachi Port Trust to review new demurrage...

The Union of Small & Medium Enterprises (UNISAME) in a meeting Tuesday has urged Karachi Port Trust (KPT) not to…


Finance and Leasing Association expresses concern as Investment in...

Smaller companies are showing a worrying lack of capital investment, according to the Finance and Leasing Association’s (FLA’s) yearly survey…


European Investment Bank to fund SME loans

The European Investment Bank (EIB) announced yesterday (10 September) that it is providing Ђ40 million for financing capital investment projects…


Imminent Enterprise Act will help boost rescue culture

The Enterprise Act 2003, due to come into force on 15 September, will introduce a number of positive changes that…

#bankruptcy#banks#Boost


Morgan Stanley urges more focus on SMEs

The restructuring of the Malaysian economy and its banks since the 1997/98 Asian financial crisis has been a success, but…

#banks#funding#GDP

ADB loan to Philexim aimed at SME exporters

The Asian Development Bank plans to make a loan of US$15m to the government's Philippine Export-Import Credit Agency (Philexim) to…

#ADB#bank#exporters

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