SME News
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2020-11-04
SMEs stayed on growth path, white paper shows
The nation’s small and medium-sized enterprises (SMEs) last year continued on their steady growth trajectory, an annual white paper released yesterday by the Ministry of Economic Affairs’ Small and Medium Enterprise Administration showed....
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2020-11-04
Early end to contracts will help struggling small firms move on
Despite not being able to operate since March, the owner of a nightclub has been chalking up debts from a running lease that will expire only in March next year. Moving to another business model such as food and beveragewould be difficult as his w...
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2020-11-03
Russian Government Prioritizes SMEs Businesses, Offers Long-term Support
Over the years, Small and Medium Scale Businesses (SMEs) have been uttermost focus for the Russian government recognizing the fact that these provide employment and support the overall economy. Despite the coronavirus pandemic, the government has ser...
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2020-11-03
What Small Business Owners Need Most From The 2020 Election
According to American Express’ latest Business Resilience Survey of 1,000 business owners by American Express, 98% plan to vote on Election Day. Economic recovery (48%) and pandemic management (45%) are among the issues of most importance to th...
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2020-11-03
Small firms hit by pandemic may be allowed to renegotiate deals
With the business landscape completely altered by the Covid-19 pandemic, badly hit smaller players are being offered a chance to terminate certain unviable contracts as painlessly as possible. These small and micro enterprises will be able to rene...