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Interest-free loans reach hundreds of SMEs

A total of 544 small- and medium-sized enterprises (SMEs) in Macau, applying for a government-funded interest-free loan to weather the financial strains attributable to the effect of severe acute respiratory syndrome (SARS), have had their applications granted, said a loan...

#bank#guarantee#guarantees

Survey of bank use by SMEs reveals credit expensive...

The Warsaw Banking Institute (WIB) and the CBM Indicator brokerage undertook a survey of bank use among small- and medium-sized…


SME Development Fund invites applications to finance SME development...

The Hong Kong Trade and Industry Department (TID) will start to invite applications for the third round of the SME…

#funding#management#smes


Exim Bank offers two new insurance plans

The Export-Import Bank of Thailand has introduced new medium- and long-term export insurance covering risks for transactions over 180 days.…

#bank#Exim Bank#exporters


Steering towards economic collaboration

Much business was concluded at the inaugural meeting this week of an inter-governmental forum for economic cooperation between Singapore and…


High growth in loans explained

The balance of loans provided by financial institutions in China had hit 15.89 trillion yuan by the end of June…


ExIm Bank plans US$500 million trade credit programme for...

The US. Export-Import Bank said yesterday (28 August) that it expects to approve a US$500 million loan fund to provide…

#bank#exporters#exports


Sale of Bombardier unit likely cut by $150 million...

Bombardier Inc. could see up to $150-million shaved off the $1.23-billion price being paid for its recreational products division. The…


Political attacks on president threaten economic confidence and growth

The Philippines' chief economic planner warned yesterday that political attacks against President Gloria Macapagal-Arroyo following last month's failed mutiny could…

#economy#exports#GDP


NMB-Heller, Grant Thornton team help Webcon UK in unique...

Specialist UK carburettor distributor of the Weber and Solex brands, Webcon has completed a management buy out (MBO) from its…

#business finance#funding#invoice


HSBC voted best small business bank again

Members in Practice of the Chartered Institute of Management Accountants (CIMA) have voted HSBC Bank the ‘Best Small Business Bank’.…


Exporters urged to use export credit insurance to boost...

Malaysian exporters are urged to be more aggressive in exporting their products by not relying on letters of credit (LCs),…

#bank#export credit insurance#exporters

Special Administrative Region `unlikely to develop into industrial hub'

Secretary for Commerce, Industry and Technology, John Tsang, said yesterday that the government was not likely to provide tax incentives…

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