SME News
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2024-05-19
Make investments in country's economic zones, PM asks businesses
Prime Minister Sheikh Hasina today urged local businesses to invest in the country's 100 economic zones in addition to foreign investment. "We are setting up 100 economic zones across the country. We are inviting investments there. But we...
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2024-05-19
SMEs constitute 96% of all businesses in Nigeria, should not be neglected - Shettima
The Vice-President Kashim Shettima, says Small, Micro and Medium-Sized Enterprises, SMMES, should not be neglected in the country so as to ensure robust economic emancipation. He stated this in Bauchi on Saturday while declaring open the 15th Nort...
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2024-05-19
Female SME owners feel discriminated against by high street lenders
Female business leaders are facing gender inequality in commercial lending, which is hampering the growth ambitions of many SMEs, according to new research from SME funder Bibby Financial Services (BFS). Data from BFS’s latest SME Confidence...
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2024-05-17
US retail sales stall post-downward revisions
NEW YORK: US retail sales stagnated in April after downwardly revised gains in the prior two months, indicating high borrowing costs and mounting debt are encouraging greater prudence among shoppers. The value of retail purchases, unadjusted for i...
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2024-05-17
S. Korea think tank raises forecasts for GDP, inflation
SEOUL: South Korea’s state-run think tank has raised its economic growth forecast for this year and says inflation is expected to ease at a slightly slower pace, as it noted the need for gradual easing of monetary policy. In its biannual eco...