The total number of guarantees amounted to 36 in the first six months of 2019, decreasing from 223 guarantees given in the same period of 2018.
Industry, agriculture and tourism captured the lion's share when it comes to the number of extended guarantees in the first six months of the year, with 13 (or 36.1 percent of the total number of guarantees) and 10 guarantees each (27.8 percent of the total each), respectively.
Putrajaya will be looking into setting a ceiling for government
guarantees on public projects, Tun Dr Mahathir Mohamad said today.
Accordingly, lenders should be aware that the KSA courts would not be bound by the choice of a foreign law as the law governing a
guarantee, or the consent by the parties to the jurisdiction of foreign courts and may in their own discretion apply KSA law which does not recognise the doctrine of conflict of laws.
counter
guarantee in the legislation of Russia has not been settled yet.
Twenty-three percent said they were incentivized through salary bonuses for meeting the time
guarantees, and 83% of pharmacists working at pharmacies with advertised time
guarantees reported that the
guarantee was a contributing factor to dispensing errors; almost half of them (49%) felt it was a significant factor.
Any client (collectors, dealers, art funds, etc) can now limit his risk by guaranteeing with Art Auction
Guarantee the price he paid to acquire an art piece privately through galleries/ dealers, private sales departments of auction house, etc.
Tourism came in next with 97
guarantees (18.6%), followed by handicrafts with 23
guarantees (4.4%) and specialised technologies with eight
guarantees (1.5%), Kafalat said.
The case law now says that the original guarantor cannot give a standalone
guarantee for the new tenant when the lease is transferred.
About 39 per cent of people didn't know after June 30 they will no longer be able to
guarantee a cheque payment by showing a cheque
guarantee card with the Shakespeare hologram on it.
SWC's partner, Marfrio SA should contribute the remaining amount to enable the company to pay 10% of the annual
guarantee levy on the outstanding guaranteed amount, the Cabinet said in a media statement.