SME News
-
2022-11-10
Foreign investors flee China’s market as recovery hopes fade
HONG KONG: Foreign investors are pulling the plug on China and Hong Kong-listed stocks despite a recent rally, but their mainland counterparts are betting on a sharp rebound driven by easing Covid curbs. Underscoring the sharp divide, internationa...
-
2022-11-10
Nigeria’s SMEs Boost Traffic and Cut Fraud With Cardless Transfers
Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Take the case of Nigeria, for example. According to Lagos FinTech firm TeamApt, account transfers represented over 80% of all b...
-
2022-11-09
Singapore’s Grab to step up support for gig-economy workers
SINGAPORE: Grab will expand its support for the drivers who give rides and deliver meals to the superapp’s users, co-founder Tan Hooi Ling said, as governments call for more benefits for these and other gig economy workers. In Singapore, the...
-
2022-11-09
China’s producer price index falls for first time in nearly 2 years
BEIJING: Factory gate prices in China were down for the first time in nearly two years last month, official data showed Wednesday, as falling global commodity prices made their mark on an economy ailing under strict Covid controls. The produc...
-
2022-11-09
Thousands march as Greeks strike over ‘suffocating’ inflation
ATHENS: Greek workers went on a day-long strike today, demanding higher wages to cope with surging inflation, as Europe’s soaring energy prices and living costs trigger industrial action and protests across the continent. In Athens, thousand...