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Taiwan

S&P affirms top factoring bank’s ratings

Standard & Poor's Ratings services said today that it had affirmed its 'BBB-' long-term counterparty credit rating and 'A-3' short-term credit rating on Bank SinoPac of Taiwan, one of the top three banks in Taiwan involved in factoring. The outlook...

#bank#international#management

Factoring market picks up on back of Taiwan-China relationship

Improving investment and trade relations between Taiwan and mainland China are increasing demand for factoring services by domestic exporters to…


SME’s export worth declines

Taiwan’s small and medium-sized enterprises (SMEs) have experienced a continuous annual decline in both export value and export ratio in…


Premier vows to help SMEs to survive

Premier Yu Shyi-kun said that he will do his utmost to help small- and medium-sized enterprises (SMEs) to upgrade their…


Economy is bouncing back with expected 4% growth in...

Taiwan's economy is bouncing back, HSBC's Economics and Investment Strategy Unit said in its latest report. According to economist Geoffrey…

#Boost#exports#GDP


Interest rates remain steady to bolster nascent recovery

Taiwan's central bank held its benchmark interest rates steady in a bid to support Taiwan's budding recovery on Thursday (25…


Exports disappoint on weak US, Hong Kong and Japan...

Taiwan's exports and imports were both weaker-than-expected in July, casting a shadow over the peak pre-Christmas orders season as exports…

#exports#international


Siew to propose increase in the government's Small and...

Former Premier Vincent Siew will make several proposals to President Chen Shui-bian today, with the focus on economic and financial…


Ministry of Economic Affairs targets SMEs

Taiwan has always been a breeding ground for economic growth and innovation. Now, facing the dual challenges of the SARS…

#economy#innovation#interest


Industrial Bank of Taiwan Announce Launch of Factoring Service

The Industrial Bank of Taiwan, (IBT), announced yesterday that it is to provide a factoring service. Officially founded on July…


Top Taiwanese Company Moves Premises

The Chailease Finance Cooperation, Taiwan’s market leader in international factoring, today announced they are relocating to new premises. From 29…


Banks Suspend Trading Credit Services with Middle East Partners

The three largest commercial banks in Taiwan have temporarily suspended negotiations for letters of credit for Taiwanese companies doing business…

#bank#Bank of China#banks

Big-3 Banks Allowed to Operate Cross-Strait Banking Services Including...

The Ministry of Finance has issued a green light for the 'big-three' commercial banks--First Commercial Bank, Hua Nan Commercial Bank…

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