SME News
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2020-04-16
Covid-19: US retail sales at record low, factory output sinks
WASHINGTON: U.S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted in the first quarter at its sharpest pace in decades as extraordinary m...
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2020-04-16
Japan business mood slumps to decade low on coronavirus hit
TOKYO: Japanese business confidence plunged to fresh decade lows in April as firms reported widespread damage from the coronavirus pandemic which is threatening to throw the world economy into recession, the Reuters Tankan survey showed on Thursday. ...
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2020-04-16
Coronavirus: Just £1bn of promised government loans reach small businesses
New figures show just over £1bn of promised government support for small businesses has so far reached companies, amid warnings of dire consequences unless banks speed up lending. Banking industry group UK Finance said on Wednesday that loan...
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2020-04-16
PSOJ urges SMEs to preserve cash for the unforeseen during COVID-19
The Private Sector Organisation of Jamaica (PSOJ) in its continued effort to support small- and medium-sized enterprises (SMEs) and help them to navigate the challenges of the novel coronavirus disease (COVID-19), has advised the sector to preserve c...
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2020-04-15
COVID-19: Reliefs and Support for Small and Medium Enterprises (“SMEs”) in Hong Kong
In response to the challenges caused by COVID-19, the Hong Kong government (“Government”) unveiled a HK$120 billion relief package in its 2020–21 Budget announced on 26 February 2020 (the “Budget Measures”), which was su...