Tag: #sme

Retail Asia19/05/2021
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2min0
The bank has launched a digital wallet for businesses in Singapore, which enables them to send, receive and hold cash in multiple currencies. HSBC’s Digital Wallet, which aims to significantly reduce the time it takes for SMEs to make business payments, is also being launched in the U.K. and the U.S., with a pipeline of further markets […]

Retail Asia03/09/2020
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8min0
Alibaba.com, the global B2B e-commerce platform of Alibaba Group, launched a landmark initiative Monday to help companies in Vietnam go online and reach an enormous pool of qualified global buyers. As an international extension of the 2020 Spring Thunder program initiated by Alibaba Group, Alibaba.com’s ‘Project Sprout Up’ is a timely and tailored digital solution […]

Retail Asia25/09/2019
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2min0
Kiwi small businesses are struggling as they wait for an estimated $7.4 billion in overdue payments, Xero has revealed. The Wellington-based tech company, which provides software for small businesses, based the estimate on anonymous data drawn from a sample of its more than 350,000 users in New Zealand. Data from the April-June quarter revealed that […]

Retail Asia20/08/2019
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2min0
UOB seeks to expand its banking base in Asia’s small to medium-sized enterprises with the latest targeting of trade association in Malaysia. The bank will collaborate with three trade associations (SME Association of Sabah, Malaysia-China Chamber of Commerce (Sabah) and the Sabah-China Chambers of Commerce) in Sabah representing more than 300 SME owners. UOB will […]

Retail Asia19/08/2019
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2min0
Amazon has brought its small business-focused Launchpad initiative to Australia. Launching on Tuesday, the program aims to help startups and entrepreneurs sell in a wider market. Over 150 local and international brands are already on board. As part of the program, brands will be featured on customized product pages, receive marketing support and gain access […]

Retail Asia18/06/2019
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3min0
HSBC, which has been present in Singapore since 1877, said it intends to increase its share in its target small-medium-enterprise (SME) market from the current 10 percent to 15 percent by 2021. HSBC classifies SME clients as those with a turnover of $5-$100 million. At a high level, we see Singapore as a de facto financial capital […]

Retail Asia21/05/2019
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2min0
Ebay Singapore and the Institute of Retail Studies have partnered in an e-commerce training program. Called “Let’s Ebay with SIRS”, the full-day workshop aims to help aspiring entrepreneurs kickstart their e-commerce business and connect with the global marketplace of active buyers. The program was designed for small businesses and entrepreneurs who have little or no […]

Retail Asia09/05/2019
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3min0
Following a successful Series B funding round, SME lending platform Validus Capital is launching in Indonesia. SME lending platform Validus Capital has launched in Indonesia, its first Southeast Asian market outside its home country of Singapore, the firm announced in a media release on Thursday. Launched in partnership with Indonesia’s Triputra Group under the name Batumbu, […]

Retail Asia02/05/2017
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5min0
Finance Minister Heng Swee Keat’s Budget 2017 has placed a strong emphasis on helping businesses stay competitive and grow in an increasingly global marketplace. Helping Singapore SMEs Go Digital Mr Heng has emphasized the importance of digital capability as the Singapore economy continues to mature. He says it is essential that SMEs in particular embrace […]

Retail Asia09/03/2017
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4min
The Government is committed to getting its hands dirty to help more small and medium enterprises (SMEs) transform digitally to stay in business amid disruptive technological innovations. The Info-communications Media Development Authority (IMDA), the government agency leading the charge, will play sector “chief information officer” to SMEs, providing customised help from funding and consultancy to […]

Retail Asia01/02/2017
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2min0
State-owned Indonesia Eximbank will play a pivotal role in boosting small and medium enterprise (SME) exports through export based people’s business credit (Kurbe) and an incubator program. Indonesia Eximbank acting president director Suswijono Moegiarso said it already disbursed Rp 1 trillion (US$74.95 million) Kurbe in 2016, a cross subsidy between big debtors and SMEs. For 2017, […]

Retail Asia24/01/2017
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5min0
Global economic volatility might be worrying some companies in Asia Pacific, but the small- and medium-size enterprise (SME) sector is bucking the trend with strength and optimism for the year ahead. Even if trade deals take a new path, the many opportunities that Asia intra-regional trade brings to small business leaders are here to stay. […]

Retail Asia02/12/2016
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10min0
Amid global economic challenges and intense competition, small and medium-sized enterprises (SMEs) need to upgrade and add value to their products and services to stay ahead. To provide SMEs with a range of supporting services and business opportunities and help them capture global opportunities, the Hong Kong Trade Development Council (HKTDC) is staging the 16th […]

Retail Asia12/11/2016
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2min0
Malaysia’s RHB Bank has expanded its SME e-Retail Solution with the introduction of RHB Merchant Mobile Point of Sale (MPOS), which allows SME retailers to begin operating as quickly as seven days. SME e-Retail Solution offers Business Current Account for transactional needs, Reflex Online Cash Management system that enables low cost internet banking, cloud-based electronic […]


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