Discover and read the best of Twitter Threads about #SMEs

Most recents (24)

Looking forward to an august panel discussion on how the economy can be reshaped to help better deliver on our #NetZero and #LevellingUp agendas #NEFBriefing
.@Miatsf opens the panel by welcoming the progress that has been made to date in getting finance more interested in #NetZero & #LevellingUp, but there is still progress to be made - for example, low levels of investment in #SMEs despite them being drivers of growth #NEFBriefing
First speaker @JosephEStiglitz discusses how to use the credit system to accelerate a green transition. Says historically financial institutions have made "strong statements" about wanting a green portfolio, but critics fear this may just be "greenwashing" #NEFBriefing
Read 59 tweets
I'm waking up at 5:45 tomorrow and gonna check this Webinar out.💪

Gotta do what you gotta do to get the scoop.

#MLETR #dDOC #ITFA $XDC #DNI_Initiative #TFD_Initiative #TradFi #RegTech #SMEs #UNCITRAL #digitalization #4IR #Trade Image
Free deep knowledge for you all🌎🌱

#MLETR is a standard that is set by @UNCITRAL_RCAP for dDOC's globally which provides interoperability between SMEs & trade finance companies.

It allows ERC-20 @tradetrust & $XDC @XinFin_Official
dDOCs to interoperate flawlessly
#XDC #DLT ImageImage
The basics of #MLETR

It's the start of the standardization of the digital document revolution in the global trade finance/supply chain

It's boring & technical but if you want to understand the digital revolution, it's a good topic to research
@ITFAworldwide @tradetrust @iccwbo Image
Read 5 tweets
Dear Emerging Business Owners. Do you have a business plan? Business Plan is important for your business. Those with business plans are about twice as likely to successfully grow their business, attract investors, & get loans than those without one.
...[Thread] #ConnectionCorner
What is it about a business plan that makes it such an essential ingredient for success? Let’s take a closer look! These are the reasons why a Business Plan is so important for emerging businesses.
It helps you articulate your vision. A business plan gives you a means for capturing your entrepreneurial vision in writing. It enables you to fine-tune your aspirations and recognize where there are gaps or inconsistencies in what you want to accomplish.
Read 20 tweets
@ItaSIF @SRI_Natives @SriEvent_It @andytuit #SriAgenda just started ⚡ #Nov17

about 700 people are attending this webinar, that proves today's topic is crucial, says @fbicciato1 Secretary General @ItaSIF in his opening remarks
finanzasostenibile.it/eventi/pmi-ita…

#sustainablefinance #sri #esg #responsibleinvestment #greenfinance Image
@ItaSIF @SRI_Natives @SriEvent_It @andytuit @fbicciato1 congratulations for sharing the knowledge and raising awareness of #sustainablefinance, the 20th anniversary @ItaSIF is celebrating this year is impressive, says Ulla Hudina-Kmetic, Deputy Head of Unit, DG GROW

#SettimanaSRI #sri #esg #responsibleinvestment #greenfinance Image
Read 27 tweets
Nigeria in 1min: #Economic, #Business and #Financial Headlines - 221021

proshareng.com/news/59546 via @proshare #1minNews Image
FG'll Retain 1,500 Staff of Defunct PPPRA, DPR, PEF - Sylva - @MobilePunch

proshareng.com/news/59546 via @proshare #1minNews
.@IMFNews Sees Africa Lagging in Rebound from Pandemic Blow - @GuardianNigeria

proshareng.com/news/59546 via @proshare #1minNews
Read 8 tweets
#SriAgenda starting now 💥 #July5 3pm CEST

What it means for corporations | 3rd in a series of 6 webinars (until #July19) by The EU Platform on #SustainableFinance
Hosted by @ClimateBonds
zoom.us/webinar/regist…

#eutaxonomy #sri #esg #climatecrisis @SRI_Natives @andytuit
@ClimateBonds @SRI_Natives @andytuit about 1,500 partcipants registered for today's webinar, says Mr #GreenBonds @seankidney in his opening remarks

#eutaxonomy #corporations #eupsf
@ClimateBonds @SRI_Natives @andytuit @seankidney the recording of the webinar will be soon available on @ClimateBonds' #Youtube channel, notes @seankidney

#eutaxonomy #corporations #eupsf
Read 22 tweets
Opposition Day Debate - 'Local involvement in planning decisions' is about to start and can be watched, here: parliamentlive.tv/Event/Index/51…, as well as on the BBC Parliament channel.
A thread about what members have said (and some opinions)
#HousingCrisis
Steve Reed MP is up, suggesting that local government and local people will lose the ability to object to planning applications (not true btw & nothing released yet).
An intervention sees Mr Reed cite 1million unbuilt homes. (he's wrong).
builtplace.com/digging-deeper…
Mr Reed is saying that the government will concrete over communities and developers who have contributed to the party and reform is a developers charter.
Tell that the 99.9% of builders classed as #SMEs, who dont get allocated by local councils (not the Government).
Read 62 tweets
Today, would like to share the thought process and inspiration behind building the South Gujarat's first #Coworking @ikoverk

Coworking Spaces are Plug and Play offices for #Startups, #Freelances, #Consultants and #SMEs but we wanted to build something more- a Community (1/n)
As you enter, you with find a Large Front desk with volunteers to guide you and onboard you for a 7 Days Free Trial amidst the aroma of Coffee and chirping of fellow coworkers discussing new ideas.

#Connect #Collaborate #Celebrate is the motto.
On the Front desk, you fill an intuitive Map of @ikoverk along with Sign which reads - "Remember, when you enter the door to the Right, you will enter the War Room" because everyone here is a hustler, an innovator and a true warrior.
Read 12 tweets
The 2021 Africa's Business Heroes competition is open! #ABH aims to identify, support and inspire the next generation of African entrepreneurs who are making a difference in their local communities, working to solve the most pressing problems, and building a more sustainable
and inclusive economy for the future.

Applications are open in #English and #French to entrepreneurs from all African countries, all sectors, and all ages who operate businesses formally registered and headquartered in an African country, and that have a 3 year-track record.
Finalists receive invaluable training and mentorship, and the opportunity to network with ABH’s growing community of talented and inspiring minds and will pitch their business to a global panel of legendary judges to win a share of the $1.5 million (USD) award.
Read 4 tweets
We want to move @SafaricomPLC from being just a #telco with a #payment #platform #MoMo #mobilemoney #Mpesa to a #technology #company. Going into areas that are more #solutions oriented ... a #lifestyle brand for #individuals, and an empowering #brand for #SMEs@PeterNdegwa_
The #agile way of working is not new since it has been implemented by global #media and #online companies such as @netflix #netflix and @amazon #amazon
“What we are doing now is to #scale. Not everyone will go fully #agile, since departments like #Finance will still operate largely in its traditional way. But those that will be affected will be in the #frontend side of the company such as the #marketing and #technology teams.
Read 7 tweets
Financial development in China is ushering in a historical period of opportunities, said Fan Yifei, Deputy Governor of the PBOC, at the 2nd Bund Summit: 1/8

cf40.com/en/news_detail…

He explained in the following 4 perspectives:
1. Dual circulation calls for high-quality financial development. The key to a smooth domestic economic cycle is a smooth supply-demand circulation and the release of internal forces. 2/8
The financial industry needs thorough digitization and independent innovation, with technologies driving qualitative growth, so as to help enterprises, particularly #SMEs, better connect to the domestic economic cycle. 3/8
Read 8 tweets
10 measures proposed by Zhang Xiaohui, former assistant governor of the #PBC, to promote the #dualcirculation in financial services: mp.weixin.qq.com/s/tErN3tDdScZR…
1. Properly position the financial sector against the new backdrop featuring “dual circulation”. China’s financial system needs to step up a new wave of upgrade and reform. It should give direct #financing a bigger play based on technological innovations.
2. Financial supply-side structural reform shall continue to play a core role. China needs to improve twin-pillar regulatory framework (monetary&macroprudential policies) and make monetary policies more flexible; develop multi-tier capital market; boost #RMB internationalization.
Read 7 tweets
This report was a historical review of how activities were carried out on the @nsenigeria before and within the last 10 years,

#NSE10YearsAfterATakeover

proshareng.com/news/53284 via @proshare
...the changes made over different management eras, as well as the factors that influenced the decisions made then and now.

#NSE10YearsAfterATakeover

proshareng.com/news/53284 via @proshare
Read 50 tweets
China recently cut the upper limit on private lending interest rates protected by law,capping it at four times China’s one-year LPR.The efforts to lower maximum legal private lending interest rates need to respect market rules,said @YipingHuangPKU1: new.cf40.org.cn/uploads/202009… 1/5
Lowering the judicially protected ceiling would help drive down the interest rate in private lending and is in line with the policy goal of reducing costs of social financing. However, the ceiling should not be lowered by too much or too fast. 2/5
Efforts to adjust the cap on the interest rates need to strike a balance between lowering financing costs for SMEs and energizing private lending. At the end of the day, a basic condition for the financial system to work soundly is market-based risk pricing. 3/5
Read 5 tweets
China’s industrial sector will likely see a surge as it is recovering more quickly than service sector. Three signs point to its likely occurrence, according to Xu Qiyuan:
new.cf40.org.cn/uploads/202008… 1/5
Sign Ⅰ: The recovery of industrial production has been obviously better than that of service sector overall 2/5
Sign II: The performance of #SMEs shows that recovery of the industrial sector surpasses that of the service sector 3/5
Read 5 tweets
The Chinese economy has significantly picked up, but different sectors have shown different performances: exports see stronger growth than domestic demands, production recovers better than demands, and the second industry is doing better than the tertiary industry...1/7
With the pandemic still posing risks, it is very likely that China’s net export will fall again in 2H20, while consumers are expected to remain cautious given the risk of virus striking back and income taking blows, future economic growth face mounting uncertainties...2/7
An outstanding problem in China is that financial institutions, especially banks, has been bearing huge burden as a result of the government’s drive to support #SMEs amid the #COVID19 outbreak...3/7
Read 7 tweets
Three basic judgements on #China's macroeconomic data in Q2 by Gao Shanwen:

1. The industrial sector has basically recovered from the #pandemic's wounds, and economic activities have stabilized at a bit lower than the pre-pandemic level...1/4
2. #SMEs still face difficulties in resuming their normal activities, while the #unemployment pressure sustains. The unemployment situation is especially worrisome in low-end labor-intensive sectors...2/4
Among the proofs are the negative yoy growth in the social retailing sales by businesses under designated scale, sluggish rebound in the consumer-oriented service sector, and the sharp fall in the growth rate of average monthly #income of rural migrant workers in Q2...3/4
Read 4 tweets
#China stocks roar on, with #CSI300 up ~20% in little more than a week as (official) #margin debt climbs Y150bln to touch Y1.3 trillion - levels only seen in the peak months of 2015's madness.
Worth noting a rejection here could mean the Jan'19 formation is complete.
#SHFE #SHSZ
As the money floods into #China #equities, #bonds bear the brunt. Wealth Managers are the MOMO traders de jour "Our company's mixed products can have 60% allocations to #stock, but now we're at 70-80%. This is a normal phenomenon [sic]," said one.

#SHFE #SHSZ
This latest burst has also spared #CNY the ignominy of setting a new 12-year high above 7.18, instead pushing it briefly back through the talismanic 7.00 parity. Ergo, either locals are repatriating to get in on the action or Johnny Foreigner is being sucked into the move.
#FX
Read 14 tweets
Our Digital Conversation on the Future of #Fintech in Southeast Asia is co-hosted by @ASEAN_BAC in partnership with @cityoflondon to provide an understanding of the fintech landscape and the opportunities that lie ahead is now live. See: ukabc.org.uk/event/the-futu…
Baroness @LNevilleRolfe Chair of @UKASEAN in her welcome remarks notes the many opportunities for #fintech in #ASEAN Image
Dr Doan Duy Khuong, Chair @ASEAN_BAC delivers welcome remarks and highlights the ASEAN BAC recommendations to the Leaders in response to the crisis recommending the establishment of a High Level Special Commission to hear from business. #UKASEAN Image
Read 7 tweets
[THREAD - KEY SUMMARY]
European Business in China - Business Confidence Survey 2020 by @EuropeanChamber

Summary based on the report and our #podcast interview with Charlotte Roule - Vice President of the European Chamber.

Podcast coming out June 11th.
0/ SAMPLE
📍Company Size
~50% <250 employees
~30% >1k employees
~20% in between
JVs employees not counted

📍Sector
~30% professional services
~35% industrial goods
~21% consumer goods
Rest - specific (e.g. agriculture)

📍% in tweets refer to answers by the Chamber's members
1/ SOFT DOWNTURN
📍Feb 2020 - #EU companies in #China (still before the magnitude of #COVID19 known) noticed worsening conditions comparing to previous years
📍49% said "#business became more difficult"
📍But 41% noticed that market was opening in 2019
Read 16 tweets
4 risks worth special attention in #China’s #economy and financial sector currently, said Liu Yuanchun:

1. Growing bad debts have placed greater strains on the capital replenishments of small and mid-sized financial institutions.

new.cf40.org.cn/uploads/202006…
2. The budgets of local governments are under huge pressure due to the pandemic, adding to the risks of ballooning government debts and implicit debts.
3. The macro leverage ratio may swell in the foreseeable future, so China needs to think about how to cushion its negative impacts and handle the consequent spike in the pressure to repay principals and interests.
Read 6 tweets
Personal #tradeXpresso thread: Today is a special day, as it’s been more than 10 years since I’m doing my current job. Before turning a professional page, it’s time to look back at the difference the #ChiefEconomist team and I made in @Trade_EU. At least 10 things came to mind:
1. #SMEs were not seen as important. Now they are key for @Trade_EU! econpapers.repec.org/paper/risdgtce…
Read 12 tweets
#Thailand #PM @prayutofficial in televised speech insists he won't hasten to allow tourists back yet as nation needs to be absolutely sure in controlling virus 1st. Says must have balanced approach to tackling economic & health impact. Many have called for more easing of measures ImageImageImageImage
#Thailand #PM #Prayut says #Covid19 is not just a #health crisis but an #economic one as well. That's why he has met with many in various sectors to learn about their difficulties/needs. He calls on corporations to support particularly local #SMEs that have been hit hardest ImageImageImageImage
#Thailand #PM #Prayut singled out sectors like #farming #fishery #tourism & low-wage workers saying govt will listen to their suggestions help them improve their trade. He has asked authorities to exercise more efficiency in helping these groups while thanking all for cooperating ImageImageImageImage
Read 6 tweets
#China’s economic recovery is about to break the ice. As external shocks loom large, it’s more urgent than ever for China to boost its demands with all means to resume and stabilize its economic cycle.

mp.weixin.qq.com/s/FSDA2NxawhgH…
According to statistics for April, despite pickup in #demand side performance, it’s still 1.7-2.7% lower than the resumption of the #supply side, so the demand gap is evidently widening.
Besides, the further decline in #price parameter shows that insufficient demand is becoming more of a problem and the biggest obstacle to resuming economic activities.
Read 6 tweets

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