Mortgage Business
Business credit demand picks up as lockdown ends By Malavika Santhebennur 23 February 2021
Business credit demand has shown signs of recovery (driven by asset finance) as extended restrictions were lifted in Victoria, new research has shown.
Equifax’s Quarterly Business Credit Demand Index for the December 2020 quarter has revealed that business credit demand has continued to decline year-on-year, but the rate of decline had eased in the December 2020 quarter amid signs of a bounceback in Victoria.
According to the data and analytics company, overall business credit applications had declined by 6.9 per cent in the December 2020 quarter compared with the December 2019 quarter, while business loan applications had slumped by 10.1 per cent, and trade credit applications had fallen by 8.4 per cent.
Hin Leong Judicial Managers Make Winding-Up Application
by Ship & Bunker News Team
Monday February 22, 2021 The judicial managers of
Hin Leong Trading have filed an application for the company to be wound up.
Goh Thien Phong and
PricewaterhouseCoopers made the application, according to a notice published in Singapore s Government Gazette on Friday. High Court on Legal cases against Hin Leong founder
OK Lim and his family over alleged fraud at his company are still progressing through the courts. Its marine fuels unit,
Ocean Bunkering, is being wound up. The firm was listed in recent years as one of Singapore s largest bunker suppliers by volume.
Germany exploited debt markets to support its virus-hit economy, as neighboring Switzerland has consistently limited borrowing regardless of calls to modify course.
The City of Paris will waive water shut-off and reconnect fees performed from Feb. 15 to Feb. 26, according to an announcement by Finance Director Gene Anderson.
The City also will issue a one-time credit of $5.15 to all residential and commercial water users on a future water bill.
This will cover water loss due to dripping faucets to prevent frozen pipes, Anderson said.
Mary Madewell is a staff writer for The Paris News. She can be reached at 903-785-6976 or at mary.madewell@theparisnews.com.
New brand identity and website of the UAE Federal export credit company in line with UAE’s journey towards the next 50
(In the middle) His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade and Deputy Chairman of the Board of Directors of ECI, (on the left) His Excellency Engr. Saed Al Awadi, CEO of Dubai Export Development Corporation and
(In the middle) His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade and Deputy Chairman of the Board of Directors of ECI, (on the right) His Excellency Engr. Saed Al Awadi, CEO of Dubai Export Development Corporation and