SMEs
Government clarifies SME tax dispute in megarreforma deal with PDG
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One week after initial PDG meetings on President José Antonio Kast's megarreforma, his government clarified that the new deal with the Partido de la Gente (PDG) to approve the Reconstrucción Nacional megaproyecto excludes the promised 12.5% SME tax rate—for a future bill—sparking brief backlash before resolution. Tensions persist with the Partido Nacional Libertario.
South Africa's Competition Commission has initiated a regulatory review project to identify rules hindering economic growth. The initiative targets barriers to competition, particularly for SMEs, with submissions due by 5 June 2026. Principal economist Yongama Njisane emphasises the need for smarter regulation to boost investment and jobs.
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On National Entrepreneurship Day, Valor Pyme released data underscoring SMEs' role in Chile's economy. There are 759,320 active SMEs, which alongside micro-entrepreneurs make up 98.3% of the business fabric, though their sales represent only 11.7% of the national total.
Deputy Foreign Minister for International Cooperation Somaya El-Ahdal met with MSMEDA CEO Bassel Rahmy to discuss expanding support for small businesses and entrepreneurship, aligning efforts on a unified work plan for the coming phase.
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Continuing his structured dialogue with the Federation of Egyptian Industries (FEI), Egypt’s Minister of Industry Khaled Hashem met with the board of the Chamber of Engineering Industries to review their upcoming work plan. He highlighted the sector’s strategic importance as a cornerstone of the country’s industrial base.
The upcoming Davos 2026 gathering is set to explore the integration of cryptocurrency into payroll systems, emphasizing compliance as a key to innovation. Discussions will address regulatory frameworks like the EU's MiCA and the US GENIUS Act to guide small and medium-sized enterprises (SMEs) in adopting digital assets. Blockchain technology emerges as a tool to streamline cross-border payments and reduce costs compared to traditional systems like SWIFT.
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Western small and medium-sized enterprises are increasingly adopting cryptocurrency and blockchain to build resilient supply chains and reduce dependence on China. These technologies offer transparency, cost savings, and flexibility amid rising geopolitical tensions. A recent analysis highlights how such solutions can level the playing field in global trade.
Amaliyah turns waste into economic opportunity in Kampung Masigit
April 25, 2026 01:35MSMEDA invests EGP 939m in Sinai to support SMEs and create jobs
April 17, 2026 00:54Ariel Maciel warns that without reforms there will be no formal employment
April 12, 2026 07:31SME retail sales fell 0.6% in March according to CAME
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March 22, 2026 21:04Hong Kong firms face profit squeeze as US importers cut orders amid oil crisis
February 24, 2026 08:27SME platforms see slowdown in mainboard migrations due to stricter norms
January 30, 2026 20:02Jean-Luc Mélenchon woos small business leaders in Paris
January 26, 2026 02:49Elio del Re criticizes ultraactividad in labor reform for SMEs
January 14, 2026 14:43BRI distributes Rp20.6 trillion interim dividend on January 15, 2026