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Biggest fall in corporate insolvencies for four years –...

Corporate failures have fallen by 8.8 per cent during the first three months of 2007, with 430 fewer failures than were recorded during the same period in 2006, according to the latest figures released by Experian. (more…)

#financial services#insolvencies#insolvency

SMEs lack knowledge on bribery and corruption laws

 According to the recent survey by the Association of Chartered Certified Accountants (ACCA), 62 per cent of SMEs believe that they…

#ACCA#smes#Two


Brussels' appetite growing for EU-wide tax base

The European Commission is set to press ahead with introducing a single EU company tax base by 2010 in only…

#Clear#European Commission#i


Chinese promote Trade & Investment Fair

Delegates from Qingdao, China were in the Sultanate yesterday to invite the Brunei business community to participate in the Asian…

#international#investment#smes


Phinder Technologies Inc. retires USD2 million of A/R financing

Phinder Technologies Inc. is pleased has retired a $2m accounts receivable financing facility. In addition to retiring the $2m factoring facility,…

#international#Two


GE Antares Capital appoints two Senior Managing Directors

GE Antares Capital, a provider of leveraged finance solutions to middle market private equity sponsors, announced it has appointed Daniel…

#bank#corporate finance#leadership


Davenham widens its geographic reach

Davenham Trade Finance, the asset based lender, has made moves to widen its geographic reach and get closer to its…

#Business Development Manager#trade#Two


London gives a lift to Davenham

Expansion prospects at Davenham, specialist lender to small businesses, have been brightened by the early returns from its London office, which…

#3M#acquisition#small businesses


UK firms hit by supplier fraud

More than half of UK businesses have lost money because of fraud, yet nearly a third of firms admit they…

#Two#UK firms


Export credit insurance industry grows rapidly

The export credit insurance industry has witnessed rapid growth during this decade, said Abdul Rahman Taha, general manager of ICIEC.…

#export credit insurance#insurance#Two


Platinum Funding Group completes two-year LC and accounts receivable...

Platinum Funding Group announced today it has completed a two-year deal to provide letter of credit and accounts receivable financing…

#accounts receivable finance#funding#letter of Credit


HSBC unit buys Taiwan's Chailease Credit Services

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

#acquisition#bank#receivables

Increase in acquisitions in accounts receivable management likely in...

Thanks to two blockbuster transactions in the fourth quarter, merger and acquisition activity in the Accounts Receivable Management (ARM) industry…

#acquisition#investment#management

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