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Hong Kong exports, which recorded strong growth in the first six months of the year, are likely to see a slowdown in (more…)
The Trade Industry Department has announced that applications for the fifth round of the Small and Medium Enterprise Development Fund…
#funding#Produce#smes
Hong Kong's small- and medium-sized companies (SMEs) are finding it increasingly tough to arrange syndicated bank loans as lenders pull…
#bank#interest rates#LIBOR
Analysts quoted by The Wall Street Journal (WSJ) are suggesting that selling all or part of GMAC may not be…
#investment#Two
According to the HK Commercial Daily, a report to be released by the Swiss IMD on global competitiveness in 2005…
#Two
The great majority of Hong Kong exporters do not have credit insurance, but trade on an unsecured or letter-of-credit basis.…
There are ten factoring companies in Hong Kong; they had a total turnover of Ђ3.25bn in 2003, according to Factors…
#bank#global trade#international
Late payments to Hong Kong businesses have dropped to a two-year low, according to a survey by Coface Frontline. Coface,…
In a further sign of the continued recovery of the economy, late payments and defaults by Hong Kong businesses have…
The Hong Kong Monetary Authority, the Hong Kong Association of Banks (HKAB) and two other organizations have jointly set up…
#Commercial Credit#credit risk#management
Small-to-medium businesses can now apply for a loan with HSBC by simply providing a copy of their MPF contribution statement…
Hammonds has expanded the capabilities in Asia with the appointment of partner Anthony Chan to its Hong Kong office, where…
#compliance#i#investment
The talks over so-called "current account transactions" include the possibility of letting Hong Kong banks settle trade contracts denominated in…
#banks#Letters of Credit#trade