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Government to write off bad loans owed by SMEs

The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed by small-and-medium sized enterprises (SMEs) in an effort to accelerate the recovery of their businesses, a government official said. Director...

#banks#crisis#regulation

EXIM Bank Bonds rating assigned on government support and...

Standard & Poor’s (S&P) on Wednesday assigned an ``A-‘’ senior unsecured foreign currency debt rating to the Export-Import Bank of…

#bank#bonds#Exim Bank


Government red tape pledge on business aid

Ministers have pledged to cut back on the red tape damaging government assistance to smaller businesses. The move came as…

#debt finance#guarantee#regulation


Government keeps tabs on SMEs’ financial woes

Minister of Finance and Economy Lee Hun-jai has ordered senior ministry officials to step up efforts to keep liquidity problems…

#bank#liquidity#smes


Government to merge export credit institutions

The Government will merge the Malaysia Export Credit Insurance and Exim Bank to achieve economies of scale. The new entity…


Government to offer its stake in Askrindo to strategic...

The government will offer its entire 45per cent stake in state credit insurance firm PT Asuransi Kredit Indonesia (Askrindo) to…


Government to scrap SMEs’ ‘non-competitive contract system’

Despite resistance from small businesses, the government has decided to repeal a controversial protective measure for small- and medium-sized enterprises…

#management#small business#small businesses


Government to spend US$80m to aid SMEs

The Korean government yesterday unveiled a set of measures aimed at bolstering the competitiveness of small- and midsize enterprises (SMEs)…

#economic recovery#guarantee#liquidity


CBI questions government commitment to export credit support

CBI director-general, Digby Jones, has questioned the government's sustained commitment to globally competitive export credit support following Trade and Industry…


Government creates new export insurance

Ecuador's government has created a new credit insurance to protect domestic exporters and to provide increased information about buyer's credit…


Ombudsman Wang Liming outlines government willingness to support SMEs

The ombudsman of the small- and medium-sized enterprise (SME) office of the State Development and Reform Commission, Wang Liming, said…

#conference#guarantee#guarantees


Government takes steps to strengthen financial support for SMEs

The government has taken a series of measures, including enacting related laws and regulations, giving stronger financial support and accelerating…

#conference#exports#GDP

New government enjoys economic windfall

The new Congress-led government in India under Manmohan Singh got a boost with exports surging up by almost 20 per…

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