SME News
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2022-02-16
UK SMEs to bolster employee numbers following promising start to 2022
Two in five small and medium-sized businesses in the UK plan to hire, on average, six new employees before the end of March, following a promising start to the year, according to the latest quarterly Barclaycard Payments SME Barometer. The news co...
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2022-02-16
SMEs hope for more support for digital adoption, scheme extensions, delay to GST hike: UOB survey
SINGAPORE - Small and medium-sized enterprises (SMEs) expect the 2022 Budget initiatives to help with managing costs and improving cash flow, according to a UOB study released on Wednesday (Feb 16). Firms also wanted an extension of the Jobs ...
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2022-02-16
Small-Business Bankruptcy Rules Poised for Extension by Congress
In an era of hyper-partisanship, an obscure federal program that makes it easier for small-business owners to shed debt in bankruptcy has been embraced by Democrats and Republicans, who are now weighing an extension of this rule. So-called Subchap...
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2022-02-16
As inflation rises, small businesses feel the financial crunch
Some small businesses are feeling the financial crunch as inflation rates surge to record highs. One furniture maker in North Carolina says manufacturing materials are much more expensive now than they were a year ago. The owne...
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2022-02-15
UAE’s small businesses can be given priority lending support
SMEs are significant wealth creators and sources of innovation and employment, something well-recognized by governments. However, little has been done to increase the flow of debt capital to this sector. The suppliers of debt are largely just comm...