SME News
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2020-08-05
Focus on SMEs to help India rise from Covid-19 crisis: Tata Sons chairman N Chandrasekaran
Stressing on the significance of small and medium sized businesses (SMEs), Tata Sons chairman N Chandrasekaran on Tuesday said that they are as important as large businesses and a new culture of entrepreneurialism is needed among them. Delivering ...
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2020-08-05
Vietnamese banks secure US$140 million loans for small enterprises
The International Finance Corporation (IFC) is lending US$140 million to Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and Orient Commercial Joint Stock Bank (OCB) to help them support their clients, especially small and medium enterprises ...
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2020-08-04
Gov’t increases incurred debt ceiling for SME support to MOP2.2 bln
The Legislative Assembly (AL) today approved legislation authorising the Government to contract debts up to MOP2.2 billion (US$275.5 million), to guarantee credit to small and medium-sized enterprises (SMEs) affected by the Covid-19 pandemic. The ...
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2020-08-04
China Best Practices for SMEs Still Drooling Over the China Market
Even with the current bilateral unrest in the U.S.-China relationship, the China market is still attractive because of its growing middle class (approximately 400 million) and its relatively easy plug-and-play manufacturing environment. A review of C...
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2020-08-04
UK-based Wiserfunding enters India, targets SMEs
UK-based fintech firm Wiserfunding has announced its entry into India by launching the artificial intelligence-backed credit risk assessment tool for small and medium enterprises (SMEs). Wiserfunding arrives at a time when SMEs across India are st...