SME News
-
2022-03-20
China locks down millions more as Covid spreads
BEIJING: China today imposed stay-at-home orders on millions more people in the country’s northeast as it battles its biggest Covid-19 outbreak in two years. The country has largely kept the virus at bay since it brought to heel its initial ...
-
2022-03-17
New SME lending in 2021 down 25% on pre-pandemic levels
New lending to small- and medium-sized businesses was €1.1 billion in the final quarter of 2021, the highest level achieved throughout the year, new data from the Central Bank showed. Gross new lending was marginally higher compared...
-
2022-03-17
Japan grants $66,802 for refrigerated trucks to support small business owners
The Japanese government on Wednesday granted $66,802 to Dar Abu Abdullah Association for Philanthropy and Development (DAA) for refrigerated trucks under the scheme “Grant Assistance for Grass-roots Human Security Projects (GGP)”. Amba...
-
2022-03-17
SMEs receive support in digital transformation
The digital transformation guideline framework for each field will include five basic parts such as current status and development trends, guidance for digital conversion frame, digital transformation solutions, recommendations of digital skills that...
-
2022-03-16
Many Small Businesses Still Struggling to Come Back from Pandemic
After two years of retooling and resilience, small businesses still face a difficult recovery, with nearly 80% of small businesses reporting continued negative effects and 63% reporting a reduction in revenue compared to 2019. Minority-owne...