Global economic growth and world trade slowed in 2011, according to the Export Finance and Insurance Corporation (EFIC)’s latest report.
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Australian political thriller Last Dance has been financed through the governments’ export credit agency.
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Despite the ongoing volatility in financial markets around the world, the Export Finance and Insurance Corporation (EFIC) performed strongly last financial year. The Australian Government’s export credit agency showed a profit on its Commercial Account of $30.2 million, reflecting continuing strength.
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Travelex Global Business Payments has announced foreign exchange trading lines will double, giving export-oriented SMEs a boost.
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An Australian environmental systems company has won a multimillion contract to upgrade meteorological equipment and training in Samoa.
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Growing an export business may seem like the obvious next step for SMEs with an overseas deal or two under their belts. But make sure you know the potential risks and rewards of shifting focus to foreign markets. While there’s no doubt that growth is limited in Australia’s small economy, going overseas is not always [...]
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Export Finance and Insurance Corporation (EFIC) have recently signed a framework financing agreement with members of the Asian Exim Banks Forum. The agreement allows Exim Banks to jointly finance large projects that are beyond the capacity of commercial leaders or a single Exim Bank. As international projects and contracts increasingly use suppliers from multiple countries, [...]
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More than three-quarters of businesses with an offshore presence are looking to expand, with 44 percent of those looking to do it in the next 12 months, according to the latest results from the annual Global Readiness index (GRi) conducted by government credit agency Export Finance and Insurance Corporation. The index also showed that for [...]
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Government export credit agency Export Finance and Insurance Corporation (EFIC) and Screen Australia have developed a loan facility to help producers finance Australian film and television productions for export. The Producer Offset loan complements the Federal Government’s Producer Offset incentive, which provides refundable tax rebates for producers of Australian feature films, television and other projects. [...]
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An agreement between Federal Government export credit agency the Export Finance and Insurance Corporation (EFIC) and foreign exchange services provider Travelex will provide eligible exporters with higher foreign exchange trading limits without the need for additional security from the exporter. EFIC’s foreign exchange facility guarantee will provide the potential for Travelex customers to increase their [...]
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