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Algeria (MFW4A News): Despite the government efforts, Algerian small to medium-sized enterprises (SMEs) are still facing difficulties accessing credit because they cannot provide the guarantees required by lenders, according to Algerian employers. “Measures taken over the last few years by the authorities, through the creation of guarantee funds...
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Ismael Pérez Vigil, the executive president of of the Venezuelan Confederation of Industries (Conindustria) Conindustria, said that it is difficult to estimate the cost of retroactivity for all Venezuelan companies. He explained that the Organic Labor Law will have a “very strong” impact on Venezuelan companies. “Obviously, retroactivity...
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KUALA LUMPUR (Bernama): Malaysian companies recorded potential sales of RM22.9 million during the recent 1Malaysia Promotion in Muscat, Oman. Potential sales were recorded for various products including protective clothing for oil and gas workers, processed food and jewellery while in the services sector, sales were reported for IT surveillance system,...
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Kazakhstan : A five-day IFRS for SMEs train the trainers workshop was held in Almaty, Kazakhstan on January 9 to 13, 2012. There were 100 participants, mainly from Kazakhstan with a few Eurasian Council of Certified Accountants and Auditors (ECCAA) participants coming from Kyrgyzstan and Uzbekistan. The event was sponsored by the World Bank together...
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Europe (European Commission) : According to the Eurobarometer survey on “SMEs, resource efficiency and green markets” published on March 2012, 37% of EU SMEs have at least one full or part-time green employee. Green jobs are largely created in SMEs as opposed to large firms: In 2012, 1 in 8 employees of small and medium-sized firms had a...
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KUALA LUMPUR (Bernama) — A South Korean delegation representing 20 small and medium enterprises (SMEs) with a minimum potential investment value of US$50 million, are very keen to make Malaysia the choice location for the new wave of Korean investments. Seven of the companies are new while the rest are existing investors seeking opportunities...
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SMALL and medium enterprises (SMEs) in the country are still on the runway for growth despite the European sovereign debt crisis and a more challenging marketplace. According to a report by SME Magazine, the average revenue of the country’s top 100 SMEs this year is RM11.2 million, with median revenue of RM8.6 million. The SME 100 report also...
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KUCHING: Malaysia External Trade Development Corporation (Matrade) says that new comments done by Japanese automobile makers to boost imports of automotive tools in sequence to cut costs represents a vital event for Malaysian automotive tools and components manufacturers. Recently, Nissan Motor’s arch operations officer Toshiyuki Shiga pronounced...
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KUALA LUMPUR: Standard Chartered Bank Malaysia expects its small and medium enterprises (SME) segment to chart double-digit growth for the coming year, backed by stronger offerings for its customers. “We are hoping to double our market share over the next three years,” said general manager for SME banking, Standard Chartered Malaysia, Vishal Shah....
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KUALA LUMPUR, Nov 25 (Bernama) — The small and medium enterprises (SMEs) are poised to assume an even greater role in propelling Malaysia under the Economic Transformation Programme. In a statement, SMECorp Malaysia said as the new role would bring along new challenges which include liberalisation measures in the services sector, there was need...
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