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economy

Venture Finance profit surges in ‘difficult’ times for clients

Venture Finance plc have released their results for the year to 31 December 2003 showing a pre-tax profit of Ј6.20 million, an increase of 20.4% compared to the 2002 figure of Ј5.15 million. Turnover also increased by 19.6% to Ј26.19...

#economy#investment#trade

GE Commercial Finance commits $30 million of debtor-in-possession financing

FiberMark Inc, a leading producer of specialty fibre-based materials, announced yesterday that it has filed voluntary petitions to reorganize under…

#bankruptcy#commercial finance#economy


VAT fraud helped to take 11bn euro toll on...

The huge VAT fraud on computer parts sales to Britain helped knock more than Ђ11bn off Irish exports last year,…

#economy#exports#i


Slovenia sign deal to boost trade cooperation

Following the Joint Economic Commission (KEK) meeting in Ankara, Deputy Prime Minister Abdullatif Sener and Slovenian Economy Minister Tea Tapetrin…

#Boost#economy#investments


Job-creating firms to get big tax cut

Business start-ups that hire more than 10 employees will enjoy tax exemptions of up to 100 per cent over the…

#economy#interest rates#Jobs


SMEs take advantage of zero import tariff

Malaysian companies, especially small- and medium-sized enterprises (SMEs), have started to take advantage of the zero import tariff on Hong…

#economy#exports#GDP


Record high of 100,000 German bankruptcies

German bankruptcies hit a record high last year as the fragile state of Europe's largest economy and rising private borrowing…

#economy#insolvencies#insolvency


Surge in small business happiness

According to the latest quarterly survey by Bank of Scotland's (BoS) corporate banking arm, net optimism - the balance of…

#bank#economy#small business


Tenth interest rates cut since December 2002; down to...

Norway's central bank cut its key interest rate on Thursday by 25 basis points to a new record low of…

#bank#economy#inflation


Economy shows no signs of slowing

China's industrial output soared 23.2 per cent in February from a year earlier, official data shows, suggesting the economy is…

#economy#exports#investment


SME confidence on the rise in February

Ecostat's poll of Hungarian SMEs showed that pessimists outnumber optimists with regard to both their own situation (by 38% to…

#economy#exports#GDP


Kazakhstan receives US$24.5 bn of FDI

Total foreign direct investment (FDI) in the Kazakh economy in 1993-2003 amounted to US$24.5 billion, Yerlan Arinov, head of the…

#economy#investment#trade

Hungary brings in 1.49 billion euros in FDI in...

Hungary attracted Ђ1.494 billion in foreign direct investment (FDI) in 2003, according to preliminary figures released by central bank (MNB).…

#bank#economy#exports

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