Taiwan

HSBC Holdings unit Hongkong and Shanghai Banking Corp said it has agreed to buy Chailease Credit Services Co Ltd, Taiwan's sixth largest factoring company

The Export-Import Bank of China (China EXIM) has introduced its export credit and guarantee services to companies from China Taiwan at

The head of a credit insurance company yesterday cautioned mainland-based Taiwanese enterprises against credit risk, a growing problem facing investors on the other side of the strait

Market Performance and Supply

 

Small- and medium-sized enterprises (SMEs) welcomed the weakening of the New Taiwan dollar because it will make their exports more competitive

The cabinet has decided to allow banks to provide additional project financing of 450 bn twd to old-economy companies, the Commercial Times reported.

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.

Improving investment and trade relations between Taiwan and mainland China are increasing demand for factoring services by domestic exporters to the mainland, according to new research.

Taiwan’s small and medium-sized enterprises (SMEs) have experienced a continuous annual decline in both export value and export ratio in recent years, according to a report from the Ministry of Economic Affairs.

Premier Yu Shyi-kun said that he will do his utmost to help small- and medium-sized enterprises (SMEs) to upgrade their production and management in order to survive ever-increasing competition in the global market.