SMEs struggle due to high interest rates, tough loans
SMEs struggle due to high interest rates, tough loans

Alamgir Hossain, a small entrepreneur in the jute industry, recently applied for a loan of Tk5 lakh to expand his business. He was initially denied the loan and was required to provide three guarantors signatures, his business trade license, and various other documentsa daunting process for a small...

Alibaba's AI search engine reaches half million SME users
Alibaba's AI search engine reaches half million SME users

Alibaba International announced that its AI-powered B2B search engine, Accio, has surpassed 500,000 small and medium-sized enterprise (SME) users since its launch in November 2024. On Monday, the company stated that its leveraging natural language processing Accio enhances search capabilities to...

Businesses are in limbo as cash crisis continues
Businesses are in limbo as cash crisis continues

Business owners are facing snags while withdrawing cash. Although the flow of cash has slightly improved recently, the crisis is far from over. Small and Medium Enterprises (SMEs) and individuals traveling abroad are particularly affected. Many have complained that they cannot withdraw large...