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Korea

EXIM Bank roadmap to double trade finance volume

The Export-Import Bank of Korea (EXIM Bank) said yesterday that it will increase its trade finance volume to 14 trillion won (US$11.80bn) by 2006, up 54 per cent from 2003. With the increase, the number of South Korean companies to...

Smaller companies downsizing bonuses

More small- and medium-sized companies plan not to offer a bonus for the Lunar New Year holidays. According to a…


More business owners optimistic, but doubts remain

A report released by The Bank of Korea (BOK) on Friday said 70 per cent of domestic businesses would begin…

#bank#Clear#digital


KOTRA to provide more export opportunities for SMEs

South Korea's top trade promotion agency said Monday it will try to provide more export opportunities to small- and medium-sized…


SME’s finances weak

Nearly 4 out of 10 small- and medium- sized domestic enterprises (SMEs) are unable to cover interest payments on their…


Small firm delinquencies rise

An economic recovery may be in store for Christmas, but domestic small- and medium-sized enterprises (SMEs) will not be joining…


Gimhae promotes exports of mid-sized companies in Eastern Europe

A delegation promoting exports from medium-size businesses in Gimhae, South Gyeongsang Province, have signed provisional contracts worth US$19m with importers…

#exports


First SMEs logistics base to open next year

Starting in January next year, Korea's first logistics base for small- and medium-sized enterprises (SMEs) is to go into operation…


SME loans soar in October

Outstanding corporate loans rose 2.6 trillion won in October, up from the 700 billion won rise in September, owing to…


Loans to small firms hits W36,000bn

The amount of loans extended by local banks to small and medium-sized firms (SMEs) grew significantly during the first 10…


Economic environment for SMEs remains weak

The economic environment for small- and medium-sized enterprises (SMEs) has hit its lowest ebb in 13 months, reported the Korea…


Corporate tax higher than in OECD nations

Korean businesses have been paying far higher corporate income taxes than the average paid in member nations of the Organization…

EXIM seeks to become core bank for international business

The Export-Import Bank of Korea (EXIM Bank) is seeking to become a core bank for international business, supporting the government’s…

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