Tuesday, July 7, 2020
Japan has launched a program called the Subsidy Program for Sustaining Businesses to help small and medium enterprises in the country. The Program is targeted at SMEs that had suffered a decline in monthly sales of 50 per cent or more, compared to last year. Companies with capital less...
More than 2.2 million small and medium-sized enterprises (SMEs) in Germany recorded sales losses in March due to the coronavirus crisis, according to a company survey published by the German development bank KfW on Tuesday. The German SMEs was currently "firmly in the grip of the coronavirus...
On 12 February 2020, the Free Trade Agreement between the European Union and Vietnam (EVFTA) was officially ratified. The strong commitments in terms of open markets within the EVFTA framework will help to boost Vietnam – EU trade relations while further expanding Vietnam’s export markets. This is especially fortunate...
CUHK Business School Research Reveals U.S. Firms Not Coming Home Amid Trump's Trade War The foundation of the current U.S. administration was President Donald Trump's vision of "Make America Great Again" and his promise to bring jobs back to the U.S. From the tariffs on US$550 billion of Chinese goods...
Foreign firms are struggling to resume work in virus-hit China as they face disrupted supply chains, rising inventory and quarantine rules meant to contain the deadly epidemic, the EU chamber of commerce said today. With many pharmaceutical companies globally sourcing from China, pharmacies may also face a shortage of antibiotics...
A new report, the first by a UK fintech to show detailed spending habits of more than 133,000 UK small businesses and more than £32bn spending, has been launched. “The Battle for Business Wallets” is a global review of £126bn worth of spending by over 250,000 SMEs in the...
New research has found that less than half of UK SME retailers think they will be thriving at the turn of the next decade. The research by finance solutions provider, Duologi, found that just 46% of small and medium sized retailers (SME) retailers think their business will be successful...
Hong Kong, hurt by US-China trade war, protests, has been replaced by Tokyo as Asia-Pacific’s largest commercial real-estate market in 2019 Hong Kong is no longer the largest commercial real-estate market in Asia-Pacific, having lost its crown to Tokyo in 2019, data and analytics firm Real Capital Analytics said on...
Chinese officials confirmed Wednesday that the number of people infected by a new form of coronavirus in the country has reached nearly 6,000, a total that surpassed the official cases tallied on the mainland during an outbreak of the severe acute respiratory syndrome (SARS) in 2002 and 2003. The...
Death toll from Coronavirus hits 106 with over 1770 new cases China will refurbish a hospital in Beijing that was built during the 2002 SARS outbreak as it works to contain a coronavirus that has killed more than 100 people and infected more than 4,500. Xiaotangshan Hospital, on the northern...
Amazon CEO Jeff Bezos is no longer the world's richest person after his net worth slid by US$760 million to US$115.6 billion as Amazon shares dipped 0.7 percent. The drop may only be a tiny percentage of his net worth, but it was enough to see LVMH chief executive Bernard...
Days after the United States and China signed a deal that de-escalates months of back-and-forth trade retaliation, a survey of logistics executives shows that the supply chain industry continues to see a U.S.-China trade war as the top threat to global growth. In a poll conducted this month by Agility...

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