SME News
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2020-04-14
EU endorses Romania’s plan to help SMEs affected by COVID-19 outbreak
The European Commission (EC) has allowed Romania to run a RON 16 billion (EUR 3.3 bln) scheme designed to support local small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak. Most of the sum represents state-guarante...
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2020-04-13
75% of SMEs may not survive lockdown
Almost three-quarters of small and medium enterprises (SMEs) will not survive a lockdown that lasts longer than between one and three months. This is according to a research report, The Impact of Covid-19 on SMEs, which was released this week by f...
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2020-04-13
Wage subsidy scheme proposed for SMEs
Rep. Jose María Clemente “Joey” Salceda is proposing a 45bn peso wage subsidy programme for millions employed by small and medium enterprises (SMEs) and for freelancers as other lawmakers suggest tapping debt payments to help them....
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2020-04-13
SMEs slate government for being selective in support
LAHORE: The Small and Medium Enterprises (SMEs) have hit out at the PTI-led government for ignoring the small industry and facilitating the five export-oriented sectors alone amid Covid-19 situation across the country. “We are observing very...
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2020-04-13
SMEs urge govt to relax industries implementing social distancing protocols
KARACHI: The Union of Small and Medium Enterprises (UNISAME) has appreciated the timely positive steps of the State Bank of Pakistan (SBP), saying it will resolve the financial crunch of SMEs, as well as commercial and corporate sectors. The assoc...