SME News
-
2022-04-25
Expo 2020 Dubai awards $1.85bn of contracts to SMEs
Expo 2020 Dubai awarded AED6.8 billion ($1.85 billion) of contracts to small and medium-sized enterprises (SMEs), providing a significant contribution to a vital sector of Dubai’s vibrant economy. This exceeded a commitment made in 2016 to a...
-
2022-04-25
60% of SME employees more willing to join a company that provides medical benefits
Among the list of considerations when it comes to joining a company, medical benefits seem to be a priority. According to a poll commissioned by Prudential Singapore, 60% of small- and medium-sized enterprise (SME) employees indicated that they ar...
-
2022-04-25
Small Businesses Can Now Apply For COVID Rent Relief Until May 6
The City of Los Angeles is accepting applications for its small business rent relief program until May 6. The program is for storefront owners who have fallen behind on rent as the COVID-19 pandemic continues. Karina Guzman and Luis M...
-
2022-04-24
COVID lockdowns, rising expenses in China pushing away Korean firms
Due to China's sudden lockdowns and gradual rise in expenses, multinational firms are being increasingly pressured to move production away from mainland China to destinations such as Taiwan, Malaysia and Indonesia, said the Korea International Tr...
-
2022-04-24
Saudi EXIM bank allocates $146m in 2022 for SMEs to encourage exports
JEDDAH: The Saudi Export-Import Bank allocated around SR250 million ($66.6 million) for small and medium enterprises in the first quarter of 2022 and plans to earmark SR300 million by the end of the year, amounting to a total grant of SR550 mill...