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  • July 11, 2014
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  1. Up to 70pc of loans guaranteed for small and medium-sized enterprises

    Posted Nov 16th 2010, 12:00am by Dennis Eng

    ... Dennis Eng The government will guarantee up to 70 per cent of bank loans to small and medium-sized enterprises to help boost investment and job creation. Many of them are still trying ... annual guarantee fee is 0.5 per cent of the loan amount. The covered loans are to be used for general working capital for the business operations of small and medium-sized enterprises ...

  2. Throwing money at SMEs won't improve their fitness for business

    Posted Feb 06th 2011, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'SMEs (small and medium-sized enterprises) are the pillar of Hong Kong's economy. They are facing great challenges amidst the uncertainties of the global ... October. 'The measures have benefited some 20,000 enterprises and helped preserve more than 330,000 jobs,' he told the legislative council. Those jobs first. You will notice that he had ...

  3. A quarter of SMEs in Asia to hire additional staff in next six months

    Posted Jul 22nd 2010, 12:00am by Lulu Chen

    ... Lulu Chen HSBC said about a quarter of small and medium-sized enterprises (SMEs) in Asia plan to recruit more staff in the next six months, based on a global survey of 6,346 interviewees. ... and medium-sized enterprises in Hong Kong since the launch of its SME loan fund in December 2008. Among SMEs in Asia, 24 per cent plan to recruit more staff and 39 per cent plan to increase capital ...

  4. Help on loan interest for hard-hit SMEs

    Posted Jun 29th 2010, 12:00am by Eric Ng

    ... Eric Ng Beijing has launched a fund to pay interest on loans taken out by small and medium-sized enterprises hard hit by the global economic downturn. The Ministry of Finance said ... to the Ministry of Industry and Information Technology. They accounted for 99 per cent of the mainland's enterprises. Providing 80 per cent of jobs in urban areas, SMEs are responsible for 60 per ...

  5. In Brief

    Posted Nov 15th 2008, 12:00am by Staff Reporter

    ... values. Meanwhile, the existing survey on business operation and costs, which covers 15,000 enterprises, will expand its scope to cover more 3,000 small and medium-sized enterprises. Government ... to a special loan guarantee scheme for small and medium enterprises to weather the financial crisis. Eligible SMEs will be able to borrow up to HK$1 million, which must be repaid over a maximum of 24 ...

  6. Big shoes to fill in frayed supply chain

    Posted Jun 08th 2009, 12:00am by Elaine Chan

    ... has been underused because of various restrictions. The mainland's private sector comprising mainly small and medium-sized enterprises contributes an estimated 60 per cent of industrial ... in pre-crisis times, the priority had always been the state sector. Li Zibin, the president of the NDRC's China Association of Small and Medium Enterprises, admits that credit to small ...

  7. Entrepreneurs get training and support

    Posted May 23rd 2009, 12:00am by Andrea Li

    ... Andrea Li The global recession has affected businesses across the board, but the livelihood of the city's small and medium-sized enterprises (SMEs) is most fragile, with many buckling ... to the SME sector have addressed corporate governance, enterprise risk management, retailing management and yield management. Seminars have dealt with the more immediate business challenges ...

  8. Hong Kong SMEs most pessimistic on rebound

    Posted May 27th 2009, 12:00am by Charlotte So

    ... Charlotte So Hong Kong's small to medium-sized enterprises are the most pessimistic about the future among their peers in the Asia-Pacific, according to a new survey, with more than 60 per cent of the city's SMEs predicting a recovery will not happen before 2010. 'Hong Kong was hit hard by the financial meltdown as the export-driven economy came under ...

  9. Proposals to boost funding schemes too slow, say SMEs

    Posted Oct 22nd 2008, 12:00am by Dennis Eng, Paggie Leung

    ... Paggie Leung and Dennis Eng Small and medium-sized enterprises (SMEs) have criticised government proposals to improve funding schemes as 'too little and too slow' to ease ... is progressing slowly and there is no timetable,' Small and Medium Enterprises Association chairman Danny Lau Tat-pong said after a meeting with Undersecretary for Commerce and Economic Development ...

  10. Recruitment planned as productivity body moves against the economic tide

    Posted Dec 29th 2008, 12:00am by Staff Reporter

    ... to the private sector in the past year, when the economy was still burgeoning. As many SMEs [small and medium-size enterprises] are now scaling down their businesses, more high-quality professionals ...




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