SME News
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2022-03-29
Maersk warns Shanghai city lockdown to boost transport costs further
SHANGHAI: Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread of Covid-19 further rattles global supply chains. The Chinese c...
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2022-03-29
Banks, fintech should collaborate for digital SME lending: Experts
Collaboration between banks and fintech companies is needed to accelerate digital lending for small-and-medium enterprises (SME) as it would enable them to avail funds instantly and without complexities, experts said today. So, the government and ...
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2022-03-29
Support for small business, manufacturing
Small businesses are getting more than $1.5 billion in tax breaks for going digital and training workers, but some say the budget misses the mark on big challenges facing the economy. "Small and family businesses are at the heart of our econo...
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2022-03-27
Indonesia’s small shops attract big interests amid digital wave
JAKARTA: Big corporations are beginning to focus on Indonesia’s small and midsize family-owned retail shops, known locally as “warung”, as the digital transformation (DX) wave continues to rise in the country. Warungs account for...
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2022-03-27
SMEs play 'critical role' in UAE economic growth and diversity
Small and medium enterprises (SMEs) in the UAE, which represent 94% of total number of firms, providing jobs for 86% of private sector's workforce, play a critical role in the country’s economic growth and diversity. SMEs in Dubai alone ...