SME News
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2020-06-18
Singapore GovTech targets SME digitization for post-crisis growth
The coronavirus pandemic has accelerated the adoption of various digital in Singapore, whether that’s an uptick in video teleconferencing, online shopping, delivery platforms, virtual events, and more. These demands have put a fire under loc...
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2020-06-18
Small Business Administration opens disaster relief portal
The Small Business Administration has re-opened its Disaster Relief portal for small businesses in Illinois. In an email on June 16, the organization announced it was providing “low-interest loans” for businesses to offset COVID-19 rel...
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2020-06-17
InstaRem introduces BizPay to help Singaporean SMEs improve their cashflow
InstaReM, the consumer and SME brand under global fintech platform Nium announced today the launch of a new service that helps Singaporean SMEs maximise their cash flow. The service, termed BizPay, utilises credit limits in corporate cards and con...
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2020-06-17
Polish PM expects first phase of SME tax scheme to cost $1.26 bln
WARSAW, June 17 (Reuters) - A scheme to remove corporate income tax from many small and medium sized firms will cost Poland almost 5 billion zlotys ($1.26 billion) in its first phase, Prime Minister Mateusz Morawiecki said on Wednesday. Poland is ...
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2020-06-17
Gov’t to cover MOP262 mln in interest rate costs through SME support scheme
The Economic Services Bureau (DSE) has indicated today (Wednesday) that more than MOP4.2 billion (US$533.5 million) have been handed to local SMEs with authorities supporting some MOP262 million through its interest subsidy scheme for bank credit loa...