SME News
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2022-01-12
Economic stagnation is No. 1 worry of Singapore businesses–WEF report
SINGAPORE — The possibility of a prolonged economic stagnation setting in is the biggest worry over the next two years for Singapore businesses, a survey by the World Economic Forum (WEF) found. Their other top five concerns: Infectious dise...
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2022-01-12
Covid disruption to maintain stranglehold on global supply chains
Even though China’s manufacturing centres were able to bounce back in 2020 after the country was initially shut down due to the initial Covid-19 outbreak, power outages, a shortage of shipping containers — and of truck drivers — cau...
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2022-01-12
Inflation is eating away at the heart of America’s small businesses
Of the four restaurants Rick McQuaide owns across several counties in Western Pennsylvania, one is barely making a profit, two are losing money and the fourth has been “temporarily” closed for far longer than he ever anticipated. The 5...
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2022-01-11
More SMEs pivot to digital during pandemic: PayPal survey
A PAYPAL survey of 210 small and medium-sized enterprises (SMEs) with an online presence showed a quarter of them reporting a positive experience during the Covid-19 pandemic, while a further 18 per cent of them said they had not been impacted. In...
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2022-01-11
Small businesses say high inflation is enemy No. 1 for the first time since 1981
High inflation is enemy No. 1 for the first time since 1981, small businesses say. Some 22% of small-business owners said inflation is their top problem, according to the National Federation of Independent Business. That’s the biggest share ...