Weakening currency welcomed by SMEs

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

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.

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 recent years, according to a report from the Ministry of Economic Affairs.

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 production and management in order to survive ever-increasing competition in the global market.