SME News
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2020-04-29
Financial lifeline loan package remains in place to assist severely impacted small and medium-sized businesses in Fiji - RBF
The Reserve Bank of Fiji confirms that the financial lifeline loan package remains in place to assist severely impacted small and medium-sized businesses in Fiji. Fijivillage has received confirmation that under the three facilities combined, more...
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2020-04-29
SMEs call for more government support amid COVID-19 pandemic
The latest Manufacturing Barometer, which surveyed over 600 firms across England, reveals 9 out of 10 respondents are predicting a drastic decline in production volumes and a similar number (85%) expecting sales to drop over the next six months. C...
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2020-04-28
Over 130 factories in Cambodia suspend operations
KUALA LUMPUR: XOX Bhd’s wholly-owned unit XOX Mobile Sdn Bhd has launched a nationwide campaign that will see the telco creating 20,000 new jobs through its Online Dealer Affiliate Programme. The group said with the economic downturn due to ...
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2020-04-28
IDB Invest, Mexican business council partner on $12 bln in small business loans
IDB Invest, part of the Inter-American Development Bank (IDB), and the Mexican Business Council, or CMN, announced a program on Sunday to provide up to $12 billion in loans a year to small and medium-sized businesses in an effort to underpin their ...
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2020-04-28
Silver lining for small and medium-sized businesses in South Africa
Andiswa Bata, FNB business regional head for Gauteng South West believes that there is a silver lining for small and medium-sized enterprises (SMEs), which would all have felt the effects from the Covid-19 coronavirus outbreak, and current lockdown p...