For close to a decade, innovation in digital payments has helped close the gaps and address the challenges faced by both consumers and small and medium-sized enterprises (SMEs). Spearheaded by Fintechs globally, the creation of effective, low-cost, customer-centric solutions, has made financial services more accessible and helped...
Incomlend has partnered with Fasanara Capital to launch a global US$60 million alternative financing programme for Small and Medium Enterprises (SMEs) focused on Environment Social, and Governance (ESG).
The new initiative, named Incomlend ESG Invoice Financing Programme, is tailored for SMEs looking to positively impact...
The global economy shows signs of steadying, however, many indicators remain weaker than a year ago, according to the Global Economic Conditions Survey (GECS) for Q4 2022 from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants).
The Q4 report shows the...
The IBM Institute for Business Value (IBV), in collaboration with the Banking Industry Architecture Network (BIAN) and Red Hat, today released findings from a new global study that reveals significant gaps between the stated priorities of surveyed banking executives and the customers they serve.
CIMB Islamic Bank Berhad (“CIMB
Islamic”) unveiled late last year an initiative in support of small and medium
enterprises (SMEs) in Malaysia looking to grow their business in the global
halal market.
Through CIMB HalalBizReady, the
proposition provides financing packages that help businesses become compatible
with the requirements...
DBS has approved over 3,500 loans totalling over SGD 1.1 billion for micro and small enterprise customers during the COVID-19 period, under Enterprise Singapore’s financing schemes.
This accounts for eight in ten of all Government-assisted SME loans that the bank has approved between the...
Salesforce and the Singapore Business Federation (SBF), have announced the 120 successful recipients of the Salesforce Small Business Relief Grants Programme. Each recipient will receive a one-off cash grant of S$8,000 to address their immediate cash flow needs, preserve jobs, and embark on initiatives during this challenging...
While the global economy shows tentative signs of recovery, SMEs in Singapore are controlling their purse strings tightly, with over 85% of SMEs indicating that ensuring consistent cashflow and managing costs was a high business priority in 2022.Nevertheless, SMEs appear ready to tackle...
MSD has released an analysis that suggests up to 96% of the total ongoing economic cost of COVID-19 in markets in Asia Pacific is due to indirect costs, rather than direct healthcare costs.The report, titled A Neglected Burden: The Ongoing Economic Costs of COVID-19 in Australia, Taiwan, South Korea,...
