SME News
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2020-04-20
Small and medium business dissatisfaction of Government lessens during lockdown
Most small businesses were unhappy with the Government's performance as the Covid-19 pandemic took hold, but dissatisfaction levels dropped as the lockdown came in, a new report reveals. Accounting software firm MYOB's survey of 1000 small...
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2020-04-20
McKinsey predicts near doubling of unemployment in Europe
BRUSSELS, April 20 — Unemployment in Europe could nearly double in the coming months, with up to 59 million jobs at risk from permanent cutbacks as well as reductions in pay and hours because of the coronavirus pandemic, estimates from consulta...
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2020-04-20
Philippines central bank to help in loans to small businesses
MANILA: The Philippines central bank has stepped in to encourage banks to lend to small businesses reeling from the economic fallout from the Covid-19 (coronavirus) pandemic. A new rule allowing banks to count new loans to micro-, small- and mediu...
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2020-04-20
NSW gives $14m for SME advisory to get through Covid-19
The NSW Government is injecting $14 million into a small business advisory program to help company owners get through the Covid-19 pandemic. On Sunday, Minister for Finance and Small Business Damien Tudehope said Business Connect would have additi...
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2020-04-20
Small, medium enterprises should act prudently, avoid over-leveraging: SBI chief
MUMBAI: State Bank of India Chairman Rajnish Kumar on Sunday urged small and medium enterprises to act prudently and avoid over-leveraging during the current situation where there is a lot of uncertainty. Speaking at an event organised by FICCI Ladie...