SME News
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2020-10-07
Cost of borrowing for lrish SMEs more than double the eurozone average
The cost of borrowing for lrish SMEs is more than two and a half times the euro area average, according to new interest rate data published by the Central Bank. Small businesses in Ireland were paying an average interest rate of 5.03pc in August o...
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2020-10-06
Amazon Great Indian Festival to start Oct 17, SMEs the prime focus
BENGALURU: Amazon.in announced on Tuesday that its festive event, 'Great Indian Festival' will start from October 17. Prime members will get early access starting October 16. This year, lakhs of Small & Medium Businesses (SMBs) will offer...
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2020-10-06
Budget 2020: Promising measures for small business, but recovery still pinned on hope
Tax cuts aren’t the half of it. The personal income tax cuts promised in the budget will cost $17.8 billion over four years. The measures aimed at supporting businesses — the temporary instant tax write-off of capital investments, t...
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2020-10-06
Small Businesses Need Access To Capital To Power Recovery
The October jobs report showed another gain of 661,000 jobs in September and the unemployment rate fell to 7.9%. Still, the increase wasn’t as strong as expected and the economy remains a long way from full strength—only about half of the...
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2020-10-05
Loan repayment relief measures for individuals, SMEs extended into 2021: MAS
SINGAPORE - Relief measures to help individuals and small- and medium-sized enterprises (SMEs) with cash flow difficulties will be extended into 2021. This is intended to give those who have applied to defer loan repayments more time to resume the...