geo/singapore
It is exciting times for the nascent crowdfunding industry in Asia. While the crowdfunding movement is slowly gaining steam, there are still some people who are not clear what it constitutes and the possibilities that it holds. To share my views on the topic, this article will look at how start-ups as well as small and medium enterprises (SMEs) can potentially benefit from this new development.
BANKS are becoming more creative in the ways they woo small and medium enterprises (SMEs), whether in the form of partnerships with associations, enticing grants or accolades.
Reaching out to SMEs is no longer just about dangling corporate cards with the biggest perks, it would seem.
Small and medium enterprises (SMEs) are the lifeblood of our economy. According to a report by SPRING Singapore, SMEs account for over 90% of all enterprises, they contribute to 60% of the total value-added in the economy and employ seven out of 10 of the country's workforce.
Loan Owl, a leading loan comparison and matching provider, announced the expansion of its services aimed at small and medium scale enterprises (SME). The company's newly upgraded SME loan tools will allow owners and leaders of these sometimes under-served businesses to more easily arrange for a variety of types of financing for their operations.
Small and medium enterprises (SMEs) stimulate domestic demand through job creation, innovation, and competition As such, they can be a driving force behind a resilient national economy. Prioritizing SME development is therefore critical for promoting inclusive economic growth in most economies in Asia.Adequate access to finance is crucial for SMEs to survive and eventually grow beyond their SME status. Yet, in Asia SMEs have poor access to finance, which is impeding their development. This paper discusses a new regime of SME finance amid an era of global imbalances, with empirical analyses of bank financing for SMEs in select Asian countries.
Banks in Singapore are maintaining their support for small and medium enterprises (SMEs), despite the higher funding requirements for the higher risk that banks have to bear. But there are concerns that the higher cost of SME funding would be passed on to the small businesses.
