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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 dampen business confidence and hurt growth prospects in the second half of the year. The warning by Romulo Neri, economics...

#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…


Business investment declines but is expected to rise again

Polish companies' aggregate investment levels continued to decline in the first six months of 2003, dropping 2.2% to PLN 21.8…

#investment#investments#poland


Banks seek to regain business credit market

The commercial banking sector needs to recover ground lost to the suppliers that have become the primary credit sources for…


Interest-rate on hold as growth picks up

Poland's rate-setting Monetary Policy Council (RPP) opted on Wednesday (27 August) to keep official borrowing costs on hold for a…


Eurochambres voices concerns over Basel II’s negative effects on...

In an open letter to the Financial Times, London, Christoph Leitl, president, Eurochambres, the European Chambers of Commerce, has voiced…


GERLING NCM helps companies deal with regular payment defaulters

GERLING NCM, soon to be renamed as Atradius, has launched a new contract debt collection service designed to help companies…


Canbank Factors Ltd reports best ever in volume and...

Canbank Factors Ltd, a subsidiary of Canara Bank, recorded its highest ever turnover (factoring volume) of Rs 1,223 crores for…

#bank#banks#liquidity


Trade figures massively distorted by termination of VAT “carousel”...

A breakdown of trade figures from the Central Statistics Office (CSO) indicates that up to 40% - or some Ђ3.5…

Financial laws reform timetable announced

Starting as early as 2006, financial firms, including banks and insurers, will be free to provide the same or similar…

#bank#international#management

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