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Australian SME Businesses Active Can Look Forward to Greater Support in Their Activities

Aug 22, 2014

Australian SME businesses active in India can look forward to greater support in their overseas activities, following a new agreement between Australia’s export credit agency EFIC and the State Bank of India. The agreement will make ...

Tags: SME, Support, Service

New Bill Aimed at Strengthening Washington's Sanctions Against Iran

May 13, 2013

A new bill introduced late Wednesday to the US Senate aimed at strengthening Washington's sanctions against Iran could affect Asian countries that pay for Iranian crude in foreign currencies, sources familiar with the matter said Thursday. ...

Tags: Senate Bill, US Senate

Australian Dollar Barely Moved in Sleepy Asian Trading

Jan 17, 2013

The Australian dollar barely moved in sleepy Asian trading yesterday but the outlook for the currency remained upbeat, with one major domestic bank sharply lifting its forecast for the currency this year. "It's very, very quiet," Rochford ...

Tags: Dollar, currency, Australian dollar

Turkey's Steel Pipe Manufacturer Invests Steel Plant in US for Domestic Energy Industry

Dec 27, 2012

Reported Borusan Mannesmann, Turkey’s leading steel pipe manufacturer has planned to invest steel plant in the US for domestic energy industry. The facility is expected to operate in the second half of 2014 with annual capacity ...

Tags: Reported Borusan Mannesmann, steel pipe, Turkey, energy industry

Taiwan's Domestic Banks Held Deposits of NT$28.05 Trillion

Nov 27, 2012

Taipei, Nov. 20, 2012 (CENS)--Taiwan’s domestic banks held deposits of NT$28.05 trillion (US$935 billion) as of the end of August, up 5.8% year on year, with term deposits accounting for NT$12.72 trillion (US$424 billion) or 45%, ...

Tags: domestic bank, Financial Supervisory Commission, deposit

Buyer's Credit Is The Credit Availed by an Importer (Buyer) From Overseas Lenders

Jul 28, 2012

Buyer's credit is the credit availed by an importer (buyer) from overseas lenders, i.e. banks and financial institutions for payment of his imports on due date. The overseas banks usually lend the importer (buyer) based on the letter of ...

Tags: Buyer's Credit, Credit

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