Search result for SMEs
Germany's status as an industrialized nation: the essentials
Compared to the prosperity of other nations, Germany's industrial sector is the primary driver of development. Fast access to the most crucial data.In 2021, industry contributed 26.6% of Germany's GDP to total value created. Those numbers compare poorly to the shares recorded in other cou...
Former MP Inderjit Singh claims that Singaporeans' risk aversion is holding back SMEs, which could have an impact on the economy in the future
The former Member of Parliament has authored a book that encourages entrepreneurial thinking in general, not simply in the context of launching a business.
World Vision is a non-profit organisation that helps people in Screening of the Film: With your BFF, go see an award-winning film.<...
CHINA TO MONITOR CHALLENGES FACED BY SMEs
Highlights –
- China to monitor challenges faced by SMEs.
- China will also be permitting foreign investors to open entertainment venues.
- The ministry will step up price monitoring and work together with other government departments. ...
USAID AND DFC PLEDGE 41 MILLION DOLLARS FINANCING FOR RENEWABLE ENERGY IN INDIA
HIGHLIGHTS
- USAID and DFC have announced a US $41 million loan-guarantee program for India.
- This program is meant to finance investment in renewable energy by Indian SMEs.
The United States Agency for International Development (USAID)...
S. KOREAN SME’s DESPITE THE PANDEMIC REPORTS THEIR EXPORTS TO FALL IN 2020
Highlights –
- S. Korean SME’s despite the pandemic reports their exports to fall in 2020.
- Overseas shipments totaled US$100.8 billion last year.
- In 2020, South Korean smaller companies exported $90 million worth of test kits to 1...
CHINA’S SMEs AND EER REPORTED BEING STABLE IN Q4 2020
Highlights –
- China’s SMEs and EER reported being stable in Q4 2020.
- SMEs Development Index based on a survey was up 0.2 points in Q4.
- China’s real EER has climbed 3.79 percent to 126.13 from June to November 2020.
FACEBOOK PLANS ON GIVING AWARDS OF S$4.75 MILLION IN GRANTS
HIGHLIGHTS
- Facebook will give about S$4.75 million in awards to private companies in Singapore that have been hit by COVID-19, the organization said on Wednesday.
Around 800 local ventures that utilize somewhere in the range of two and 50 indiv...
SMEs RECRUITMENT IN CHINA POST COVID-19
Highlights:
- The small and medium-sized enterprises (SMEs) have suspended new hiring or even downsize staff to cut labor costs to survive financial difficulties.
- The SMEs are considering new human resource (HR) planning and recruitment arrangements.
ANURAG THAKUR: DELAY IN LOANS TO MSMEs WILL LEAD TO STRICT ACTION AGAINST BANKS
Highlights
• The Finance Ministry of India announced loans to the MSMEs worth Rs 3 lakh crore
• The Central Government made changes in the definition of MSMEs and is keenly tracking the disbursement of the loans
• If any business owners find difficulti...
GOVERNMENT OF INDIA ANNOUNCES ADDITIONAL RS 20,000 CRORE FOR MSMEs
Highlights
• The government announced an equity assistance worth Rs 20,000 crore for Micro Small and Medium Enterprises (MSMEs)
• The Agriculture ministry announced Minimum Support Prices (MSPs) for 14 crops in order to help the farmers
On the meeting that ...
RETAILERS AND SMALL BUSINESSES ARE ELIGIBLE FOR EMERGENCY CREDIT
Highlights
• All the assistance under this scheme will be sent in the form of additional working capital through a term loan facility for the eligible MSMEs and businesses
• As per CAIT, retailers and small businesses lost business worth Rs 9 lakh crore, while the Ce...
EUROPE’S 25 MILLION SMEs RELYING HEAVILY ON EU BUDGET?
Highlights
• Expectations from EU budget
• Measures taken SMEs to sustain amidst coronavirus pandemic
Around 25 million SME's in Europe, which form two-thirds of jobs in the region have also been impacted by coronavirus pandemic. In order to deal with t...
UK SMEs feel glad to be ahead of Brexit
Brexit has been full of uncertainty for the past three and a half years. The dense, confusing fog over the UK on 12 December cleared up so slightly. Pressure rises as more companies lose patience, and fear of a no-deal Brexit forced firms such as Airbus to consider moving their businesses from th...
Through Financing Machinery loans to MSMEs Pune NBFC makes Rs 144 CR
In India, the MSME sector makes up 45% of the manufacturing output and much more than 40% of the country's exports. These numbers illustrate how critical the industry is to the manufacturing sector and the economy of India.
It is not easy for MSMEs to sustain their momentum.
...SOLV accomplices with Monetago for receipt financing
SOLV, a B2B trade commercial center, is banding together with MonetaGo to digitize receipt financing focused on some 60M SME in India. The association will see SOLV influence MonetaGo's developing Anti-Fraud Network and alleviate the dangers of twofold receipt financing extortion. (SOLV has r...
Forex firm raises good funds for SMEs
The United Kingdom has been failing the forex indexes miserably as the currencies are seeing a major decline in the valuation as the Brexit deal hits the markets, and the markets turn more volatile for the United Kingdom trades. The slow movement in exiting the European Union is changing the fore...
Australia’s first SME competitive bank, Judo Bank, influences tech to link with customers
As Judo Bank continues to expand its business, the company’s CIO tells us how it is connecting with its customers Judo Bank was established to serve small and medium enterprises (SMEs) lending needs, and has recently been granted a full banking licence that will allow it launch full deposit-takin...