Tag: SMEs

Norfund invests USD 30Mln convertible loan in SeABank

Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest US$30 million to Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) in form of a convertible loan. The loan can be converted into common shares of SeABank within 4-year term, aiming at providing additional capital to support retail banking customers, small and medium enterprises […]

ZCG and Fawaz Alhokair announce strategic partnership

Z Capital Group (“ZCG”), a leading privately held merchant bank, and Zahrat Al Amaal Holding Company (“Fawaz Alhokair”), an investment entity founded by Fawaz Alhokair, recently announced a direct lending joint venture focused on providing flexible capital solutions to high-growth small- and medium-sized enterprises (SMEs) in Saudi Arabia. The strategic partnership, set to be operational […]

A Revolutionary in the coworking space of Thailand

Introduction Coworking spaces are the new disruption in the corporate structure and have proved to be beneficial over conventional office setups. Terms like ‘alternative office’, ‘workplace of the future’, and ‘flexible offices’, which were once associated with independent contractors and fledgling firms are now the go-to solution for many global corporate houses. Coworking spaces are […]

Tide enters into a partnership with BT to unlock major savings for small businesses

Tide, the leading business financial platform, has partnered with BT to help SMEs with rising costs and to save time and money managing their business. BT and Tide are joining forces to offer BT’s 1 million small business customers access to Tide’s connected finance and admin solutions. This includes the platform’s flagship features such as […]

Enabling safe electrical infrastructure in affordable housing through high quality products

Electrical utility is one of the vital infrastructures of society with almost every single aspect of modern life depending heavily on the supply and management of power. Electricity consumption is directly linked with economic development and modern lifestyle. Safer electrical infrastructure has been a topic on the decision and policy maker’s table for long. While […]

HKTDC T-box programme launches new stream

The Hong Kong Trade Development Council (HKTDC) will add a support stream to its Transformation Sandbox (T-box) programme to help Hong Kong companies integrate environmental, social and governance (ESG) initiatives into business. The new stream is expected to organise 100 free consultation meetings and serve 500 small and medium sized enterprises (SMEs) in its first […]

SumUp’s partnership with JCB to enable JCB card acceptance across its merchant network

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., yesterday announced its partnership with global financial technology company SumUp, to enable acceptance of JCB Cards across SumUp’s European merchant network. With the return of international travel, the collaboration will provide new opportunities for growth for merchants by welcoming JCB’s valuable card members. […]

HKTDC partners Dun & Bradstreet to help SMEs, start-ups and MSMEs

The Hong Kong Trade Development Council (HKTDC) and Dun & Bradstreet (HK) Limited (D&B) announced a new partnership to help small and medium-sized enterprises (“SMEs”), start-ups, and Micro-, Small and Medium-sized Enterprises (“MSMEs”) with green transformation by offering a comprehensive range of quality ESG registered services, namely D&B ESG Registered(TM). As a leading global provider […]

dltledgers partners R3 to support SMEs in supply chain

#dltledgers, an independent blockchain platform for trade and supply chain digitization, announced their collaboration with leading enterprise blockchain software firm R3’s Corda platform to enable businesses, particularly Small and Medium Enterprises (SMEs), in supply chain to address challenges such as security, transparency and financing, and efficiently streamline operations to reduce transaction and record-keeping costs.   Global […]

Four in five SMEs in Singapore unable to secure adequate business funding 

More than four in five (86%) small and medium-sized enterprises (SMEs) in Singapore have been unable to secure sufficient, or any, funding on at least one or more occasion over the last five years, according to a new report from cloud banking platform Mambu. The ‘Small business, big growth’ report surveyed over 1,000 SME owners globally, including […]