Small and Medium Enterprises

4G seen to widen Asian SMEs' reach

Google says there is not enough information online relating to the Asia-Pacific region, partly due to the dominance of English. Photo: Reuters

The launch of high-speed 4G services will help remove limits on internet use in Asia and give smaller businesses greater outreach to customers, according to industry experts.

Thursday, 18 April, 2013, 5:33am

French incentives to strengthen Hong Kong ties

Fleur Pellerin, France's first South Korean-born minister, is touring Asia to promote French investment opportunities. Photo: Dickson Lee

Fleur Pellerin, France's minister for small and medium-sized enterprises, innovation and digital economy, said the country had brought in measures to address the current economic crisis and was increasingly attractive to investors.

5 Apr 2013 - 5:10am

SMEs join chorus of concern over hiding of directors' identity

Privacy Commissioner Allan Chiang Yam-wang. Photo: May Tse

The changes to the Companies Registry, set to start next year, will also hinder researchers studying possible collusion between officials and industry power brokers, academics say.

27 Jan 2013 - 5:00am 3 comments

As Asia grows, SMEs must venture out, or miss out

Albert Chan says SMEs must tap the opportunities in emerging markets. Photo: May Tse

Entrepreneurs face what initially appears to be a dilemma. They can maintain the status quo, striving to build their business in the traditional markets that they know and trust, or they can venture into new territory, tackling the host of logistical, financial and cultural challenges that entails.

24 Jan 2013 - 5:24am

Why Hong Kong needs an entirely new approach to industrial property

Very few of Hong Kong's factory buildings, such as these in Wong Chuk Hang, have high vacancy rates. Photo: SCMP

The main focus of last week's policy address was on increasing residential land supply, which was entirely expected as much of the government's activity and key policy announcements have been directed towards the residential market.

23 Jan 2013 - 4:47am

China's spending could cause crisis, IMF experts warn

Construction work progresses in a central business district in Beijing, as the country's economy continues to develop. Photo: AFP

Economists from the International Monetary Fund have joined critics in warning that China may be overindulging in its investment binge, with potentially dangerous consequences, economically and socially.

8 May 2015 - 9:46am

The Week Explained: Unintended Consequences

Cooling the housing market heats up commercial speculation. Photo: AFP

At best the new government plan to cool housing prices has only a small chance of success. But for those of us at the battered end of the small and medium enterprise spectrum, it is not only a failure but one that is producing damaging effects.

This is because the iron rule of unintended consequences has already kicked in.

12 Nov 2012 - 2:31am

Less pessimism as hopes grow for a rebound

Demand is steady in Hong Kong.

Business sentiment among Hong Kong's small- and medium-sized enterprises (SMEs) has improved this quarter from the third quarter but remains pessimistic, the Standard Chartered Hong Kong SME leading business index shows.

Growth in the city's gross domestic product will rebound significantly next year, Standard Chartered senior economist Kelvin Lau predicted.

18 Oct 2012 - 4:47am

Diluted monopoly bill under attack

Pan-democrats would oppose a government proposal to exclude more companies from the competition bill and would seek to bring statutory bodies under the control of the law, a legislator said yesterday.

25 Apr 2012 - 12:00am

HSBC woos SMEs as loan growth slows

HSBC is offering free business information and tips to small and medium-sized enterprises worldwide in a bid to draw more loan applications ahead of an expected slowdown in commercial loan growth this year.

14 Apr 2012 - 12:00am

Antitrust bill given two final changes

The government has made two key changes to its competition bill, hoping to remove the final political hurdles to its passage in the legislature by July.

6 Apr 2012 - 12:00am

Keeping an eye on goodness

Traditionally, Hong Kong's small and medium enterprises (SMEs) have viewed corporate social responsibility (CSR) initiatives as mere public relations exercises. The Hong Kong Business Sustainability Index (HKBSI) launched last month may just change that attitude.

24 Mar 2012 - 12:00am

Broader exemption sought for SMEs

The government is considering further changes to the long-awaited competition bill to exclude more small and medium-sized businesses from its provisions.

Under the latest draft of the bill, firms with a turnover of less than HK$11 million will be exempt. But business groups say this figure is too low, and some want a turnover threshold of HK$500 million.

11 Feb 2012 - 12:00am

15b yuan fund to stop small firms going bust

The central government will set up a 15 billion yuan (HK$18.45 billion) fund as part of a package of measures to avoid widespread closures of small and medium-sized enterprises (SMEs) amid the uncertain global economic climate.

8 Feb 2012 - 12:00am

Nation's small traders squeezed dry

Zhang Zhenfeng, who owns a street-side photo-print shop in Beijing, says he has never been happier with business conditions than in the past couple of months.

'I used to pay a monthly tax of some 800 yuan (HK$983). And it was a fixed rate,' he said. 'I had to pay it whether I had business or not. Now I just have to pay around 100 yuan.'

20 Jan 2012 - 12:00am