AGP Executive Report
Last update: 5 hours agoCybersecurity: Philippine business and technology leaders want government-backed support to help MSMEs defend against digital threats; cited research found 78% of Asia-Pacific MSMEs had experienced a cyber incident in the past year. Financing: RBC pledged more than $70 million to Futurpreneur, aiming to help 25,000 young and Indigenous entrepreneurs launch or grow businesses over five years. In Nigeria, Sterling Bank and Cascador announced a $200 million SME credit backstop. Customer Relationships: Poor service can cost sales: a survey found 56% of multilingual consumers had abandoned a purchase because of weak website localization. Small businesses are also being urged to make existing customers a stronger sales channel. Disaster Recovery: Wisconsin businesses in counties affected by July storms can apply for SBA low-interest loans, including funding for physical damage and economic injury. Main Street: Reading’s $4.1 million downtown streetscape project is nearing completion after months of construction, bringing relief to merchants near the commuter rail station.
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