SME News
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2024-04-17
Soaring rents, low consumer confidence pose challenges for SMEs – CE
Small and medium-sized enterprises (SMEs) in residential districts are facing hurdles in their post-COVID recovery due to high shop rents and a lack of consumer confidence, according to Macau Chief Executive Ho Iat Seng. Speaking at the...
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2024-04-16
SMEs in Singapore remain contractionary for fifth consecutive quarter — OCBC
According to the latest small and medium-sized enterprises (SME) index by Oversea-Chinese Banking Corporation (OCBC), SMEs have remained contractionary for the fifth consecutive quarter. The latest quarterly index registered a reading of 4...
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2024-04-15
Spain Advocates for AI to Bolster European SME Competitiveness
Spain has positioned itself as a champion for small and medium-sized enterprises (SMEs) by advocating the use of Artificial Intelligence (AI) within the European Union to enhance their competitiveness and growth. During a meeting with EU Economic and...
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2024-04-15
UK Government launches task force to propel open finance and SME lending
According to Finextra Research, this move, eagerly anticipated following the publication of the Centre for Finance, Innovation, and Technology’s (CFIT) Blueprint report in February, aims to set a definitive path for the integration and imp...
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2024-04-15
Australian SME lender Bizcap launches in the UK
Australian lender Bizcap is to launch in the UK. Its mission is to empower small businesses by providing them with swift access to the funds they need. Notably, it says its lending decisions do not hinge on conventional benchmarks like credit scores ...