
(profile) Climate lawyer tapped as new SME minister
SEOUL, Aug. 30 (Yonhap) -- Small and Medium Enterprises (SME) Minister nominee L...
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SEOUL, Aug. 30 (Yonhap) -- Small and Medium Enterprises (SME) Minister nominee L...
Financial Services Regulatory Commission FINSEC is working to restore and upgrade its Gem Portal, aiming to provide improved digital trading and support services for Zimbabwean SMEs.
National initiatives are being rolled out to provide targeted assistance and growth opportunities for SMEs across Vietnam's economy.

Highlighting the theme of sovereign innovation, Proxynet presented future-ready digital ecosystem tools at GITEX Africa aimed at accelerating digital transformation for small and medium enterprises across the continent.
Analysts argue that the Southern African Development Community summit should focus on empowering small and medium enterprises to unlock cross-border trade and strengthen regional economic resilience.
Regional economic leaders are gathering in southern China to negotiate frameworks and initiatives designed to boost collaboration among small and medium enterprises.

The Federal Government of Nigeria has launched a program offering 250,000 free business name registrations to eligible entrepreneurs nationwide, aiming to support the growth and development of Micro, Small and Medium Enterprises (MSMEs).

eTranzact International Plc has reaffirmed its commitment to supporting Micro, Small and Medium Enterprises (MSMEs) through digital payment solutions, deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).

Pakistan's Prime Minister is advocating for expedited right-sizing reforms and has directed authorities to accelerate access to SME loans, aiming to streamline government operations and boost small and medium enterprises.

The Small and Medium Enterprises Association of Malaysia (Samenta) has stated that even a 10% tariff imposed by the United States would inflict severe strain on local exporters. Samenta is calling for targeted measures to mitigate the impact.

The Ghana Trade Fair Company Limited (GTFCL), in collaboration with Republic Bank Ghana, successfully organized the inaugural SME Connect program, designed to enhance the capacity and market access for Small and Medium Enterprises.

Malaysian Prime Minister Anwar Ibrahim announced that the government has approved RM6 billion in loans and guarantees to help Small and Medium Enterprises (SMEs). This financial assistance aims to support SMEs in coping with the economic fallout from ongoing global conflicts.
The Daily Star discusses the importance and challenges of restoring confidence among Small and Medium Enterprises (SMEs) in Bangladesh.

Leadway Assurance Company Limited has sustained its support for Nigeria’s creative industry and small and medium enterprises (SMEs) by sponsoring the Lagos Leather exhibition, the largest leather exhibition in Nigeria.

Small and Medium Enterprises (SMEs) in Ghana, despite being crucial for the economy, are struggling with inadequate access to capital, hindering their growth and potential.

A significant commercial opportunity remains untapped in Pakistan, where approximately five million small and medium enterprises operate, yet only two percent of them are currently banked. This highlights a major gap in financial inclusion for the sector.

Small and medium enterprises in Ghana's agrifood and nutrition sectors are pushing for stronger investor partnerships and better access to financing during the SME Investment Forum.
Malaysian Minister Gobind Singh Deo announced that issues concerning the delayed disbursement of funds under the Micro, Small and Medium Enterprises (MSME) digital grant are expected to be resolved by the end of April. This aims to provide timely support to businesses.

Small and Medium Enterprises (SMEs) in Pakistan are consistently growing but struggle to access necessary capital. This sector holds significant potential for economic resilience and sustainable growth.

Montenegro's Ministry of Economic Development and the EU Delegation are establishing a National Agency for the Development of Small and Medium Enterprises (SMEs) to help them access EU funds and support.
Zimbabwe is developing a national artificial intelligence strategy with a particular emphasis on integrating and supporting Small and Medium Enterprises (SMEs) within its framework.

The Sultan of Pahang, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, urged Small and Medium Enterprises (SMEs) to obtain halal certification to boost market confidence and expand their reach.

Portuguese business leaders, including the president of the Confederation of Micro, Small and Medium Enterprises, are urging the government for urgent, simplified, and non-repayable measures, stating that the current state of calamity is insufficient.

Prudential Bank Limited and Mastercard have reaffirmed their collaboration to support Small and Medium Enterprises (SMEs) and corporate clients with payment and banking solutions.
Small and medium enterprises across Zimbabwe are petitioning municipal authorities for improved infrastructure and regulatory accommodations to sustain operations.
National economic strategy is being recalibrated to transition small and medium enterprises from passive support frameworks to active growth catalysts.
A corporate entity has joined forces with the Small and Medium Enterprises Development Agency of Nigeria to provide N20 billion in support aimed at empowering thousands of small and medium businesses across the country.
Business advocates urge the government to provide targeted assistance to small and medium enterprises struggling to adopt and fund new childcare leave mandates.
Small and medium enterprises in Hanoi are increasingly focusing on expansion opportunities within Vietnam's infrastructure, digital transformation, and sustainable economic sectors.

The Muscat Stock Exchange (MSX) and the Oman Academy for Small and Medium Enterprises have signed a Memorandum of Cooperation. The agreement aims to enhance investment awareness and provide support for SMEs in Oman.

A delegation visited the Chamber President, prompted by a letter from Georgiadis to the Prime Minister ahead of the Thessaloniki International Fair, expressing the anxieties and demands of small and medium-sized enterprises in the region.

Khizar Pervaiz, the chief of the Small and Medium Enterprises Development Forum (SEDF), emphasized the critical role of SMEs in economic growth, calling for holistic support to address financing gaps and skills shortages.
Despite the availability of startup funding in Nigeria, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) states that a scarcity of investment-ready firms is hindering its utilization. This indicates a disconnect between available capital and viable business proposals.

Panelists at the UBA Business Series highlighted financial inclusion, the creative economy, sports, and small and medium enterprises (SMEs) as key sectors poised to produce Africa’s next billion-dollar companies.

The Small and Medium Enterprises Association of Malaysia (Samenta) has called on the government to review new employment pass rules, arguing that the current regulations are pricing SMEs out of attracting global talent.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has introduced the Grow Fund for Small Businesses in Nigeria, a N500 million zero-interest fund aimed at supporting Micro, Small and Medium Enterprises (MSMEs) across the country.

Portuguese business leaders, including the president of the Confederation of Micro, Small and Medium Enterprises, express that the failure of the labor package is a 'non-issue' for them.

The Director of CSIR-FRI has encouraged Small and Medium Enterprises (SMEs) in Ghana's food processing sector to embrace available technologies, while also emphasizing the critical need for greater support to help them acquire the necessary processing equipment.
The Development Bank of Nigeria has disbursed over N1 trillion to Micro, Small and Medium Enterprises since 2017, supporting job creation and economic growth in the country.

Jorge Pisco, president of the Confederation of Micro, Small and Medium Enterprises, has strongly criticized the reintroduction of a 23% VAT rate for the restaurant sector in Portugal, warning it will devastate the industry and calling it 'a lack of respect'.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has voiced concern regarding the low engagement of Micro, Small and Medium Enterprises (MSMEs) in government support initiatives, despite significant interventions.
The Malaysian government has introduced new measures to support Small and Medium Enterprises (SMEs), including a RM5 billion financing guarantee.

The ongoing crisis in the vital Hormuz Strait shipping route is causing significant economic strain on small and medium-sized enterprises in India, particularly affecting regions like Kerala and Morbi.

Pakistan's Small and Medium Enterprises Development Authority (SMEDA), the State Bank of Pakistan (SBP), and various banks are coordinating efforts to expand credit, urging provinces to take the lead in financing small and medium-sized enterprises.

South African small and medium enterprises are increasingly investing in AI technologies and moving away from conventional IT models, with a significant majority already having adopted or planning further investment in AI to build future-ready businesses.

The Association of Small and Medium Enterprises said firms may be forced to make tough decisions, including cutting manpower and reducing rental costs to cope with the disruption.

Since financial readiness is the missing link when it comes to developing Micro, Small and Medium Enterprises (MSMEs), we need to figure out who needs to act and how.

The Small and Medium Enterprises Development Authority (SMEDA) is offering a 70% grant for certifications, aiming to support 100 firms under its Rs1 million accreditation support scheme.

Business leader Pavlos Marinakis has centered his recent policy announcements on supporting the middle class, small and medium enterprises, and family values during the Thessaloniki International Fair. His statements outline key economic priorities aimed at stabilizing domestic markets.

The Hong Kong government is launching subsidized artificial intelligence courses aimed at helping small and medium enterprises integrate AI tools for content creation, data analysis, and workflow optimization.
Government and business forums focus on strengthening small and medium enterprises within Vietnam's economic framework.
Business advocates urge the government to provide targeted assistance to small and medium enterprises struggling to adopt and fund new childcare leave mandates, highlighting implementation challenges across sectors.
Indian Small and Medium Enterprises (SMEs) are being viewed as crucial intermediaries to attract Qatari investment into Sri Lanka. This initiative aims to strengthen economic ties and facilitate foreign capital flow into the island nation.
An article from NewsDay Zimbabwe discusses potential investment opportunities for Small and Medium Enterprises (SMEs) through the ZEEX platform.
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched the Building Resilient Young Nigerian Entrepreneurs Project (BRYNE) to support 100,000 young entrepreneurs annually with training and finance.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has reopened its Conditional Grant Scheme, offering Nigerian small business owners a new opportunity to access N50,000 in government funding.

The Nigerian Federal Government has captured over 500,000 Micro, Small and Medium Enterprises (MSMEs) in a national database as part of efforts to strengthen industrial development and competitiveness. More than N600 billion has been disbursed through the Bank of Industry to support these businesses.

Under the Nigeria Industrial Policy (NIP) 2025, the Federal Government is prioritizing Micro, Small and Medium Enterprises (MSMEs) with low-cost financing and preferential government procurement to drive industrialization.

The State Bank of Pakistan (SBP) has set a target of Rs1.5 trillion for credit to Small and Medium Enterprises (SMEs). The Governor urged banks to scale up borrowers, identifying documentation as a key barrier.
The Polish Ombudsman for Small and Medium Enterprises has launched an intervention regarding VAT rates in the gastronomy sector and tax administration practices, following recent controversies.

According to the Mastercard SME Confidence Index, 81% of Nigerian small and medium enterprises are confident about the next 12 months, with strong growth ambitions driven by digital adoption.
The Irish Small and Medium Enterprises Association (ISME) is urging the government to shift the focus of Budget 2027 towards supporting Irish businesses rather than foreign multinationals.

AngloGold Ashanti's Obuasi Mine has organized a two-day digital marketing training program for Small and Medium Enterprises (SMEs) in Obuasi, Ghana, to strengthen local businesses and promote sustainable economic growth.

The CEO of SMEDA has vowed regional cooperation for Small and Medium Enterprises at the D-8 meeting, emphasizing technology and market access, as the group targets $500 billion in intra-trade by 2030.

The Venture Capital and Private Equity Association (VCPEA) in Ghana is scaling up its support for Small and Medium Enterprises (SMEs) as more firms enter the country’s equity financing space.

The Prime Minister has announced new measures aimed at easing cost pressures on micro, small, and medium enterprises. These initiatives come in response to the ongoing global energy crisis.

The Department of Environment and Natural Resources (DENR) in the Philippines is now allowing small and medium enterprises to submit environmental requirements within their cities or municipalities, decentralizing its permitting services.

Ghana's 24-Hour Economy and Accelerated Export Authority and the Ghana National Chamber of Commerce and Industry are set to formalize a partnership through an MoU to strengthen support structures for Small and Medium Enterprises (SMEs).

The Small and Medium Enterprises Association (Samenta) has called on the Malaysian government to cease the practice of declaring ad-hoc public holidays, citing their negative impact on the economy.

The National Credit Guarantee Fund for Small and Medium Enterprises has launched a new guarantee product, INSTANT IMM, allowing Romanian entrepreneurs to obtain bank loans of up to 300,000 lei.

Romania's National Fund for Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) announced that companies that received funding through the IMM INVEST and IMM INVEST PLUS programs can now extend and refinance their credit balances.