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The Latest Breaking News from MSMEs

EESL CEO meets Chief Secretary, appreciates Andhra Pradesh’s energy efficiency initiatives

EESL CEO Vishal Kapoor met Chief Secretary K.S. Jawahar Reddy to discuss EMS to meet climate-change goals. Jawahar suggested EE tech for MSMEs to foster innovation and progress. CM Y.S. Jagan Mohan Reddy committed to advancing MSMEs by introducing latest tech. Kapoor stressed the need for MSMEs to embrace innovative…

The Hindu

PM Modi seeks level playing field for smaller e-commerce players

Prime Minister Narendra Modi, in his opening address to the G20 Trade and Investment Ministerial summit, said it was the collective responsibility of these 20 nations to rebuild confidence in international trade and investment processes as the world economy has been tested by the COVID-19 pandemic and geo-political tensions.

The Hindu

Empowering MSMEs to embrace circular economy

Mark Sultan Gersava was a peace development worker from Mindanao, the Philippines, who decided to act on what he saw as a critical challenge: transforming his ordinary products to become environmentally friendly to help mitigate the effect of climate change while empowering his local community with sustainable and long-term livelihoods.

Bangkok Post

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Bristol businesses to benefit from £5m export support programme

The Institute of Export and International Trade says greater export for MSMEs is needed

Birmingham Post

Digital transformation must improve user experience and organisational behaviour, firms told

With technology emerging as an essential part of business, it is important for MSMEs remodel their business

The Hindu

Power tariff: Stakeholders oppose steep hike, want it rescinded

The hike in power tariff owing to Fuel Adjustment Charges (FAC) introduced by Chamundeshwari Electricity Supply Corporation (CESC) has evoked a sharp response from the Federation of Organisations and Associations of Mysuru (FOAM) representing various businesses and traders groups in the city.

The Hindu

Lenders demand access to utility bill data

The Thai Bankers' Association (TBA) plans to continue its push for the incorporation of data from utility bills into the National Credit Bureau (NCB) database as an alternative source for banks to consult when extending loans to the underbanked segment.

Bangkok Post

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CCI directs 8 MSMEs to cease and desist from unfair business practices

NEW DELHI: The Competition Commission on Tuesday directed eight firms and some of their officials to cease and desist from unfair business practices but refrained from imposing penalties on them in a case related to cartelisation in bidding for an Indian railways tender.

The Times of India

Focus on promotion of MSMEs as they generate employment, CM tells officials

Jagan wants special wing to ensure grounding of units approved by investment promotion board

The Hindu

KCCI urges Centre to amend Insolvency and Bankruptcy Code in the interest of MSMEs

President of KCCI M. Ganesh Kamath writes letter to Union Minister for Finance Nirmala Sitaraman seeking amendment

The Hindu

MSME imports hit after rupee’s free fall against greenback

Import bills of micro, small and medium enterprises have gone up at least 20% to 25% in the last over six months, say trade bodies

The Hindu

Kerala’s draft industrial policy promises incentives aimed at attracting investments

Kerala's new draft industrial policy is aimed at attracting investments, promoting employment generation, and fostering entrepreneurship

The Hindu

Singapore-based company signs MoU with SKU to launch digital skills enhancing programme for youth

ANANTAPUR

The Hindu

Tamil Nadu power tariff hike: bolt from the blue

The recent hike in electricity charges has sent shock waves among the consumers and entrepreneurs alike. While officials have defended the increase, emphasising that it won’t affect the poorer sections, the public have renewed calls for better meters, improved services, and a reversion to the monthly billing cycle

The Hindu

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Bangkok Post

Thai traders join halal boom

Muslim population growth and trust in halal-certified foods are creating new opportunities in the world's halal food market for Thai halal food traders, say exhibitors.

Bangkok Post

Apec business chiefs back SMEs

PHUKET: Twenty-one Asia-Pacific Economic Cooperation (Apec) members have agreed on a plan to help micro, small and medium enterprises (MSMEs) as well as startups gear up to adopt the bio-circular green (BCG) economic model.

Bangkok Post

Minister eyes quick aid for small firms

Deputy Prime Minister Supattanapong Punmeechaow has stressed the need to speed up help for micro, small and medium-sized enterprises (MSMEs) that are still reeling from the impact of Covid-19, as the move can stimulate efforts to restore the pandemic-ravaged economy.

The Hindu

Tamil Nadu has the third largest vendors on Government e-Marketplace

It stands third behind Maharashtra and Uttar Pradesh

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Bangkok Post

Business sector preps Apec proposals

Key business people are preparing to propose five-point recommendations, including the long-delayed Free Trade Area of the Asia-Pacific (FTAAP), which is part of regional economic recovery plans, to 21 leaders of the Asia-Pacific Economic Cooperation (Apec) when they meet in Bangkok later this year.

The Hindu

SIDBI to refinance Andhra Pragathi Grameena Bank for improved credit flow to MSMEs

APGB is the first Regional Rural Bank to enter into partnership with Small Industries Development Bank of India in Andhra Pradesh.

Bangkok Post

Empowering SMEs

2022 has seen an "unprecedented confluence" of challenges for businesses across the world, from the protracted Covid-19 pandemic, economic slowdown and heightened inflation to geopolitical uncertainties. Small and medium enterprises (SMEs) globally are among those hit hard by such an unfavourable environment.

The Hindu

No going back on making Visakhapatnam Executive capital of Andhra Pradesh, says Industries Minister Amarnath

‘A fresh Bill will be introduced in the State Assembly in the next two to three months’

The Hindu

Corridors and clusters are the way forward for small and medium units

An expert committee, headed by retired civil servant N. Sundaradevan, has recommended this approach for the growth of the sector

Al Jazeera

Interest rate hikes start to pinch small Indian businesses

Small businesses start to feel the burn of high interest rates as India launches aggressive campaign to curb inflation.

The Hindu

DRDO chief tells young brains to innovate

Listing out the scores of schemes under which startups, innovation hubs and MSMEs can apply, G. Satheesh Reddy said the organisation had earmarked ₹50 crore to support such novel ideas.

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Supattanapong Punmeechaow

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