SME News
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2022-01-14
Supporting female-led SMEs when they need it the most
The data show female-led SMEs were less satisfied with the banking support they received during the pandemic and less satisfied with their current banking relationship than male-led SMEs. "A high proportion of female-led SMEs operate online w...
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2022-01-13
Proparco provides $20m loan to Absa to support Covid-19-hit SMEs
Financial services firm Absa has secured a $20-million senior loan to contribute to its support plan that is dedicated to financing corporate small and medium-sized enterprises (SMEs) operating in sectors impacted by the Covid-19 crisi...
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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...