Although many small businesses in Indonesia were adversely impacted by Covid-19 in 2020, a strong focus on online sales and customer satisfaction should lead to a rebound in small business activity in 2021, according to CPA Australia. CPA Australia’s Asia-Pacific Small Business Survey, published today, shows the percentage of small businesses in Indonesia that grew […]
A national survey of 1253 small businesses has found signs of improved SME confidence, although many businesses remain uncertain about their road to recovery. The March 2021 ScotPac SME Growth Index recorded two positive signs of small business recovery – more owners are planning to invest in their businesses in 2021 compared to last year, […]
Amid the prolonged impact of Covid-19 and a record economic contraction in 2020, Hong Kong small business confidence slumped to record low. Only 16% of surveyed Hong Kong small businesses reported growth last year, and only 21% expect their business to grow this year. These results are part of CPA Australia’s 2020-21 Asia-Pacific Small Business […]
CaixaBank, Spain’s leading retail bank, establishes in its Strategic Plan one of the bank’s core goals as being a benchmark in responsible management and commitment to society. For instance, the company was the first listed Spanish bank to become carbon neutral, offsetting all the calculated emissions arising from its activity. But CaixaBank has also been […]
Leading Georgian bank BasisBank announces today its partnership with banking technology provider Backbase to power its digital transformation and deliver hyper-personalised experiences to retail and SME customers. Backbase’s world-leading Engagement Banking platform will enable BasisBank to expand its retail banking offering by providing unique mobile experiences to its customers – all while enhancing its ability […]
With a robust economic foundation based on job creation and shared prosperity, trade and investment between the UK and India has the potential to increase to £50bn, according to a new research report. ASCENT: The New Horizon of Trade Relations, an inaugural thought leadership report, maps the dynamics of trade growth between the UK and […]
Small business funders are on notice to ensure they have funding options that address business owners’ needs as they look to recover in 2021, according to national small business research. The SME Growth Index is conducted twice a year by East & Partners on behalf of ScotPac , Australia’s largest non-bank SME funder. The most recent […]
In their annual SME financing research conducted by Linkflow Capital, more than half of SMEs experienced improved access to financing in 2020, a significant increase from 39% in 2019. According to Linkflow Capital, up to 52% of SMEs were eligible for financing in 2020 with an average loan quantum of $310,909 secured within their platform, […]
Under the umbrella of the Arab-Africa Trade Bridges (AATB) Program, three IsDB Group Private Sector Entities hosted a webinar on key trade finance and investment components aimed at fostering regional trade. The entities included the International Islamic Trade Finance Corporation (ITFC), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the […]
India has presented the country’s annual budget today, for the new fiscal year that starts on April 1. India was hit by a slight recession last year, due to pandemic restrictions, but is seeing some signs of a recovery. Today’s budget seems to balance between supporting growth and aiming to reduce the country’s deficit (from 9.5% of GDP in FY21 to 6.8% […]
