SME News
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2020-04-21
Coronavirus: Banks to lend more money to SMEs at cheaper rate with new MAS facility
SINGAPORE - A boost has been given to small and medium-sized enterprises (SMEs) who want to take out government-assisted loans at low interest rates as firms attempt to ride out the Covid-19 crisis. The Monetary Authority of Singapore (MAS) will o...
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2020-04-21
eBay to help small Irish businesses during Covid-19 pandemic
EBay is offering Irish SMEs the chance to sell their products on its platform for free. Small and medium-sized businesses can avail of the offer for a minimum of three months, whether they currently have an online presence or not. EBay sa...
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2020-04-21
Over £1.1 Billion of Coronavirus Loans Already Made to British SMEs – But Concerns Remain
According to a financial industry group, UK Finance, British lenders had last week provided over £1.1 billion to smaller companies since March under the Government-backed coronavirus business interruption loan scheme (“CBILS“). O...
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2020-04-21
Facebook, Indonesian firms in early talks for mobile payment approval
JAKARTA: Three Indonesian digital fintech firms are working with Facebook Inc to apply for regulatory approval to launch mobile payments in the country, an official at the financial regulator said. The plan, if approved, could be among the first s...
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2020-04-21
Alibaba to invest US$28bil over three years in Cloud
BEIJING: Alibaba Group Holding Ltd. will invest 200 billion yuan (US$28bil) on cloud infrastructure such as datacenters over the next three years, a major effort to extend one of its fastest growing business segments to more countries. The Chinese...