SME News
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2024-04-08
Singapore retail sales increase 8.4% in February
SINGAPORE: Retail sales were well up in February to record their second straight month of gains. Takings at the till rose 8.4% over February 2023 and came after a 1.6% rise year-on-year in January, noted the Department of Statistics on April 5. ...
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2024-04-08
Post-pandemic SME resilience tested by soaring inflation and limited subsidies
Amidst economic turbulence, UK SMEs have embarked on a challenging journey in recent years, contending with soaring inflation and regulatory complexities; however, glimmers of business support offer hope amidst the obstacles. Clearly the past few ...
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2024-04-08
Taiwan: Rebounding 2Q demand amid earthquake risks
As the economy continues its rebound, there's a shift in the balance of risks from growth to inflation, prompting considerations for policy tightening. Our GDP growth forecast for 2024 remains steady at 3.5%. However, reflecting the imp...
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2024-04-06
Vietnam ranked sixth among fastest growing Asian economies in 2024; Macao claims top spot as Malaysia is 14th
HANOI (Vietnam News/ANN): The US website finance.yahoo.com placed Vietnam sixth among the fastest growing economies in Asia in 2024 in its article published on April 4. The article cited projections for Vietnam's real GDP growth to r...
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2024-04-05
SMEDA calls for duty reduction to 3pc, lower taxes to boost SME Growth
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has proposed comprehensive reforms, including a cut in duties to 3 percent, single-digit SME taxes and sales tax, and interest rates lowered to 10-15 percent, to support SME growt...