Search results for "SMEs"

du Partners with GoDaddy at GITEX Global 2022 to Empower UAE Entrepreneurs and SMEs

Dubai, UAE, October 2022: du, from Emirates Integrated Telecommunications Company (EITC), has partnered with GoDaddy to enable Small and Medium Enterprises (SMEs) and the Small Office, Home Office (SoHo) segment to create, evolve and grow their digital presence. The announcement was made at GITEX Global 2022 – where du is presenting an innovative showcase under […]

Vodacom launches V-Hub for SMEs in South Africa, for SMEs - IT

On Tuesday, the enterprise IT branch of major South African telecom Vodacom, Vodacom Business, launched a new online portal to support and advise small and medium-sized enterprises (SMEs) in South Africa.   Nearly a third of South Africa’s SMEs find digitization a challenge, with many uncertain about prioritizing or feeling overwhelmed by the volume V-Hub is […]

China's Tencent to Reduce Transaction Fees on WeChat Payments for SMEs

Chinese social media giant Tencent Holdings Ltd will reduce transaction fees for small and medium-sized merchants using its WeChat payments system by 10%, the company said in a statement on Thursday. The reductions will apply beginning Sept. 1, 2021, and extend up to Sept. 30, 2024, the company added. In order to qualify for the […]

Ireland’s first digital health innovation hub for start-ups and SMEs

A new digital health innovation hub, dConnect was launched in Dundalk Institute of Technology (DkIT) which will support Ireland’s ambition to become a global leader in the development of digital health solutions. Known as dConnect, the digital health innovation hub will act as a bridge between business, the healthcare sector, higher education and society, forging […]

Social media active SMEs project revenue growth for 2021

A recent survey reported that more than half (56 percent) of small businesses in the U.S. engaging on social media on at least a weekly basis are projecting revenue growth in 2021, despite continuing COVID-related business limitations, according to B2B services group Visual Objects. “If small businesses want to genuinely connect with consumers in their […]

SMEs in Indonesia lean on FinTech to stay afloat

As the world currently heads into the second wave of Covid-19 pandemic, many countries have begun instilling new restrictions and rules to curb the rising number of infections. This is considered a nightmare for countries like Indonesia, which heavily relies on small and medium enterprises (SMEs) to carry their economy forward. SMEs contribute a total […]

OCBC Webinars Help SMEs Improve Business Performance by Going Digital

Small and medium-sized enterprises (SMEs) represent about 90% of businesses and more than 50% of employment worldwide, while formal SMEs contribute up to 40% of national income (GDP) in emerging economies. In developing markets, most formal jobs are generated by SMEs, which create 7 out of 10 jobs; an integral part of the job market, […]

Impacts of the pandemic on SMEs: First in, first out

The pandemic sent shockwaves across the world with many SMEs bearing the brunt of the crisis due to the reduction in global demand for goods and services.   The worst effect of the pandemic on SMEs were the mass layoffs seen throughout all industries, although disproportionately. Disposable income that could have circulated in the economy became […]

Korea’s KT will build 5G testing to support SMEs

On September 16, 2020, Korean Carrier KT announced plans to build 5G test facilities nationwide. This move comes as part of the Korean government plan to support companies developing new services using 5G technology. The KRW 28.5 billion (US$24.2 million) project aims to provide small and medium-sized firms access to research versions of the 5G […]