Latest news and articles about small businesses from NEX English
Indonesian Minister of Small and Medium Enterprises, Maman Abdulrahman, reported that small businesses are facing increasing pressure due to rising plastic prices. Despite this, they prefer to maintain their product prices amid growing complaints about the impact on profits.
The UAE is taking significant steps to bolster support for independent artists and small businesses through various initiatives aimed at improving their economic conditions. These efforts come in light of the global economic challenges faced by these groups.
PT Kereta Api Indonesia reported a positive performance in railway transport services, achieving a volume of <strong>61,187 tons</strong> in the first quarter of <strong>2026</strong>. This reflects the continued flow of goods and support for the local economy.
Bank Amar Indonesia has announced an acceleration of its digital financing efforts for small and medium enterprises (SMEs) as part of its strategy to enhance the country's digital economy. This initiative aims to address the challenges these businesses face in accessing adequate funding.
The United Arab Emirates is moving towards strengthening what is known as the 'Giving Economy', with small businesses playing a pivotal role in this trend. This economy aims to promote values of generosity and sharing among individuals and communities.
The East Java provincial government has announced a new initiative aimed at facilitating access to subsidized gas for small and medium enterprises, particularly in the food and beverage sector. This initiative is part of the government's efforts to bolster the local economy and support entrepreneurs amid current economic challenges.
Bhima Yudhistira, director of the Center for Economic and Legal Studies in Indonesia, warns that rising global energy prices could negatively impact small and medium enterprises (SMEs), necessitating financial incentives to ensure their continuity.
The Indonesian government has announced plans to tackle the impact of rising plastic prices, which have seen a significant increase due to global disruptions. This comes at a time when the small and medium enterprises sector faces major challenges.
Dubai South has announced new measures to support small and medium enterprises, including rent reductions and payment flexibility. This initiative aims to bolster the local economy amid current economic challenges.
The United States is experiencing increasing negative impacts from rising fuel prices due to the conflict with Iran, adversely affecting corporate profits and household budgets. Major companies are imposing additional fees, while small businesses face significant challenges.
Indonesian Finance Minister, Sri Mulyani Indrawati, has proposed the acquisition of PT Permodalan Nasional Madani (PNM) by the Ministry of Finance. This initiative aims to enhance loan services for small and medium enterprises (SMEs) in Indonesia.
The owner of a local cafe has revealed that his profits do not even cover the costs of tea and coffee. This situation highlights the economic challenges faced by small business owners in the country.
In a bid to support small businesses, several Emirati companies have announced rental discounts and cash assistance. These initiatives come at a time of rising global tensions and conflicts that negatively impact the local economy.
The North Jakarta government has announced new facilities to support small and medium-sized enterprises through workshops aimed at helping them complete the legal procedures for their products. These initiatives are designed to enhance the local economy by empowering entrepreneurs.
An Indonesian trade committee member has warned the government about the urgent need to protect small and medium enterprises from soaring plastic prices. The sharp increase threatens business continuity and adds to economic pressures.
The Malaysian Small and Medium Enterprises Association praised Minister Stephen Sim's performance during his first 100 days in office, highlighting the need for deeper structural reforms to ensure sustainable growth.
Small and medium enterprises (SMEs) are a cornerstone of Indonesia's economy, contributing around 60% to the GDP. However, these businesses face significant challenges in tax compliance, necessitating new strategies to enhance their economic contributions.
Jamie Dimon, CEO of JP Morgan Chase, has unveiled an ambitious plan aimed at revitalizing the American dream by focusing on supporting small businesses. This initiative comes at a time when many are looking to rebuild the U.S. economy after recent challenges.
Former Malaysian Finance Minister <strong>Lim Guan Eng</strong> has urged the government to take immediate action to provide financial assistance to small and medium-sized enterprises (SMEs) facing rising operational costs due to the conflict in the Middle East. He emphasized that increasing logistics costs and raw material price volatility threaten the survival of Malaysian businesses.
In a unique event, five-year-old children launched their own businesses at Expo City Dubai, managing stalls to sell handmade products. This initiative aims to enhance the spirit of entrepreneurship among young people.
The French government announced loans of up to <strong>€50,000</strong> for small businesses impacted by rising fuel costs, aimed at supporting the transport, fishing, and agriculture sectors. The loans will have an interest rate of <strong>3.8%</strong> and no collateral requirements, starting from <strong>April 13</strong>.
The government has announced a rapid loan program at an interest rate of 3.80% to support small and medium-sized enterprises in the transportation, agriculture, and fishing sectors, where fuel expenses account for at least 5% of their revenues. This initiative aims to enhance the financial liquidity of these businesses amid rising fuel prices.
Small businesses and millions of users in Russia are facing increasing uncertainty as authorities tighten control over the digital space. These measures are part of broader government efforts to enforce strict data laws and steer users toward state-backed platforms.
The government of West Sumatra has announced a decision to prohibit foreign stores from entering the region, aiming to protect and promote small and medium enterprises (SMEs). This decision is part of the government's efforts to support the local economy and stimulate the growth of small businesses.
The ongoing conflict in Iran is causing significant complications for small businesses in the United States, which are facing shipping difficulties and rising costs. Concerns are growing about the war's impact on the overall U.S. economy.
Majid Al Futtaim Group has announced a new initiative to support small and medium enterprises in the UAE by providing free display spaces and digital presence. This step aims to enhance the growth of these businesses and support the local economy.
Pertamina, the Indonesian company, announced the success of its Pertapreneur Aggregator program in supporting small and medium enterprises (SMEs). One partner, 'Rending Gadih,' achieved sales of <strong>5.72 billion rupiah</strong> thanks to the program's support and guidance during a press conference in Jakarta.
The Thai Industries Federation has urged the government to take urgent measures, including reducing fuel taxes, to assist small and medium enterprises facing rising operational costs due to global oil price increases.
The Singaporean government has announced new initiatives aimed at lowering barriers for small businesses to enter the field of artificial intelligence. This move is part of efforts to enhance innovation and increase the competitiveness of the local economy.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has announced a new support package worth <strong>one billion dirhams</strong> aimed at boosting the emirate's commercial sector. This initiative comes as part of the government's efforts to support local businesses and stimulate economic growth.