SME News
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2020-04-14
SME employees unlikely to be paid salaries for April
Dharamsala, April 13 Thousands of employees in the service industry and the retail sector in Kangra district are unlikely to get salaries for the month of April, as small and medium enterprises (SMEs) are staring at losses due to the curfew. Mo...
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2020-04-14
SMEs need government’s attention
LAHORE: The Small and Medium Enterprises (SMEs), the backbone of the economy, needed special attention of the government during the ongoing coronavirus pandemic, a statement said on Monday. LCCI President Irfan Iqbal Sheikh stated this, while talk...
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2020-04-14
EU endorses Romania’s plan to help SMEs affected by COVID-19 outbreak
The European Commission (EC) has allowed Romania to run a RON 16 billion (EUR 3.3 bln) scheme designed to support local small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak. Most of the sum represents state-guarante...
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2020-04-13
75% of SMEs may not survive lockdown
Almost three-quarters of small and medium enterprises (SMEs) will not survive a lockdown that lasts longer than between one and three months. This is according to a research report, The Impact of Covid-19 on SMEs, which was released this week by f...
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2020-04-13
Wage subsidy scheme proposed for SMEs
Rep. Jose María Clemente “Joey” Salceda is proposing a 45bn peso wage subsidy programme for millions employed by small and medium enterprises (SMEs) and for freelancers as other lawmakers suggest tapping debt payments to help them....