SME News
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2022-03-30
SME loans hit new high amid Covid-19 pandemic, OECD says
Outstanding loans of small and medium enterprises in 48 countries surveyed by the Organisation for Economic Co-operation and Development jumped significantly in 2020 — the first year of the Covid-19 pandemic, a report has shown. The outstand...
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2022-03-30
Small businesses seek extra hiring aid in federal budget to help with recovery
OTTAWA — The voice of Canadian small business says it hopes the federal government breathes extra months of life into an incentive for companies to hire new staff, a way to help firms only now hitting recovery mode. Dan Kelly, president of t...
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2022-03-30
Vietnamese SMEs to increase online exports
Tran Thi Yen Phi, CEO of DSW, which sells agricultural products via the Chinese platform Alibaba, said that the company’s revenue increased from US$3,000 to $260,000 after one year. Selling products via e-commerce platforms helped reach cu...
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2022-03-29
FTI calls for fund to help develop country's SMEs
The Federation of Thai Industries (FTI) has called on large companies and the government to support an "innovation fund", established to help small and medium-sized enterprises (SMEs) develop their businesses. It expects the value of the...
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2022-03-29
Singapore-based e-commerce platform Shopee shuts India operations
Singapore-based e-commerce platform Shopee — that launched in India only in December 2021 — has decided to close operations in the country. The official reason given by Shopee, which is controlled by NYSE-listed Sea Ltd, is c...