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Movable Asset Loans Set to Revolutionize Business Opps in Asia Pacific

Posted: August 4th, 2014 | Author: | Filed under: Business News, Socially Engineerd | Tags: , , , , , , , | Comments Off on Movable Asset Loans Set to Revolutionize Business Opps in Asia Pacific

Movable Asset Loans Set to Revolutionise Business Opps in Asia Vietnamese Fishing Coracles

Scooters, coracles, beasts of burden and even crop stocks are providing the poor in the Asia Pacific region with new business opportunities. It’s a huge leap of faith for usually stayed banks and finance companies, but ‘movable asset’ loans are taking off.

Intangible assets, goods that are easily hidden, lost or sold, present unique risks for financiers. Since the global financial crisis the appetite of bankers for taking unnecessary risk has significantly reduced.

To overcome this, countries wanting to offer movable asset loans are passing legislation to set up “secured transaction” registers, one lender in PNG – Credit Corporation – secures 90 percent of its loans against movable assets and all of those loans have gone to Indigenous entrepreneurs :: Read the full article »»»»


World of the News: Hard Pill to Swallow

Posted: November 7th, 2011 | Author: | Filed under: Hard Pill to Swallow, Socially Engineerd | Tags: , , , , , , , , , , , , , , , , , , | Comments Off on World of the News: Hard Pill to Swallow

“We live in strange times” a quote that has truly lived through the test of time, each generation seems to have blurted this almost useless phrase since pelt clad artists scribbled on the walls of caves in Lascaux. What’s changed, clearly quite a lot, but not so much! “News travels fast” now there’s a quote we can stick with, that along with Hard Pill to Swallow and you’ve pretty much got a round-up on what news is . . .

Week 1, November 2011

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