SME News
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2024-07-01
Around 51% of women-led SMEs in PH see revenue increase when accepting digital payments: report
Manila, Philippines – Around 51% of women-led SMEs and 56% of microbusinesses in the Philippines saw revenue growth after they started accepting digital payments, new data from Visa recently revealed. Considering that SMEs are important...
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2024-07-01
SMEs using data effectively can compete against industry giants
SME manufacturers will have to use data strategically to grow despite research indicating that their NPD is fuelling growth in the UK FMCG sector. According to Circana, retaining distribution remains the linchpin for sustained success in resp...
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2024-06-20
Singapore and Cambodia launch financial transparency corridor for SME trade
Participating financial institutions include ANEXT Bank and Advanced Bank of Asia. The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have commenced the Financial Transparency Corridor (FTC) initiative between their ...
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2024-06-20
SMEs Should Harness the Power of Tech Providers for Growth and Innovation
While Singapore boasts a highly digital landscape, many businesses, particularly SMEs, have yet to fully harness the advantages of artificial intelligence (AI). It may surprise some to learn that only about 4 per cent of Singapore’s SMEs curren...
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2024-06-20
Generative AI As A Service: An Emerging Frontier In Small Business Banking
Small-business owners (SMBs) face many challenges juggling multiple roles—engaging with customers, hiring and retaining employees, closing sales and managing finances. Small-business bankers often ask how they can deepen their relationships wit...