Resilient Trade Amid Global Uncertainty: How Intra-BRICS Commerce is Shaping a New Economic Order

Posted on By P. KOSHY 1 Comment on Resilient Trade Amid Global Uncertainty: How Intra-BRICS Commerce is Shaping a New Economic Order Featured

Intra-BRICS trade has emerged as a transformative force within the global economic landscape, embodying a shift towards greater regional integration and South-South cooperation. The strategic realignment of Brazil, Russia, India, China, and South Africa aims not only to diversify trade portfolios but also to mitigate dependencies on developed economies by fostering stronger intra-bloc economic collaboration….

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FEATURED, Opinion, TOP STORIES

BRICS 2024 Joint Statistical Publication

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The BRICS Joint Statistical Publication (JSP) serves as a vital reference for understanding the socio-economic landscape of the BRICS nations, offering a comprehensive overview of key indicators across Brazil, Russia, India, China, South Africa, and other newly inducted members. This public document captures the dynamic changes and comparative statistics of these countries, presenting crucial data…

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FEATURED, News, Reports, TOP STORIES

Digital Trade and Integration: Towards a BRICS+ Economic Zone

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The Digital Economy Partnership Framework lays the groundwork for deeper integration that could lead to a larger economic union. Such a move would represent a significant step in advancing economic integration, enabling free movement of goods, services, capital, and digital innovation across member states. This integration would boost intra-bloc trade, attract foreign investment, and enhance…

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Business, E-Commerce, FEATURED, Free Zone, Opinion, TOP STORIES

Industry 5.0: Human-CentricManufacturing and Customization for SMEs

Posted on By Chris Peterson No Comments on Industry 5.0: Human-CentricManufacturing and Customization for SMEs Featured

As the world adapts to rapid technological advances, the dawn of Industry 5.0 marks a pivotal shift in the landscape of manufacturing and enterprise. Building upon the foundations laid by Industry 4.0, which focused on automation, the Internet of Things (IoT), and data exchange, Industry 5.0 introduces a crucial element to the equation: the human touch. With an emphasis on human-machine  collaboration, personalized manufacturing, and sustainable innovation, Industry 5.0 is particularly transformative for small and medium enterprises (SMEs), offering opportunities to enhance efficiency while empowering their workforce.

FEATURED, innovation, SMEs, Technology, TOP STORIES

ECO-FRIENDLY PACKAGING SOLUTIONS Reducing Plastic Waste in the Supply Chain

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Special Report: Global SME News (globalsmenews.com) As environmental concerns grow, consumers are increasingly favoring brands that prioritize sustainability. Micro, small, and medium-sized enterprises (MSMEs) face the challenge of aligning with these expectations. Adopting eco-friendly packaging can reduce plastic waste, enhance brand reputation, and tap into consumer demand for sustainable alternatives. This report outlines key innovations…

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Business, Enviornment, FEATURED, Reports

The 14th European Congress of SMEs in Katowice, Poland

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The largest event in Europe dedicated to small and medium-sized enterprises (SMEs) is back. The 14th European Congress of SMEs will take place from October 29 to 30, 2024, at the International Congress Centre in Katowice, Poland, under the banner “Shape the Future Now.” This highly anticipated event is a pivotal moment for entrepreneurs, business leaders, and policy makers.

Business, FEATURED, News

Huawei and Zambian Government Join Forces to Launch 100 Smart Villages

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“The Smart Village Project will enhance living conditions, create over 5,000 jobs, and provide essential services to 400,000 villagers, marking a transformative step in Zambia’s rural development.” — President Hakainde Hichilema Muchila, Zambia, July 17, 2024 — In a groundbreaking initiative poised to transform rural life across Zambia, Huawei Technologies and the Government of Zambia…

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FEATURED, News, Reviews, Sustainable Development, TOP STORIES

Facing Future Cyber Outages: Balancing Technology and Human Capital for Operational Resilience

Posted on By P. KOSHY No Comments on Facing Future Cyber Outages: Balancing Technology and Human Capital for Operational Resilience Featured

July 19 2024 #GlobalCyberOutage, triggered by a #CrowdStrike software update, severely disrupted industries ranging from travel to finance, highlighting the risks inherent in our reliance on digital and interconnected technologies. This incident underscores the urgent need for preparedness in a digitally dependent world. Organizations must recognize the inevitability of cyber disruptions and develop robust contingency plans that ensure operational continuity. This involves not only securing data but also preparing for large-scale data transmission and internet blockages. Ensuring that business operations can continue smoothly amidst unforeseen disruptions is crucial for navigating the complexities of our interconnected world.Future preparedness will much depend on a strategy that adopts technologies enhancing efficiency without replacing human capital.

Cyber Security, FEATURED, News, Opinion, Reports, Reviews, Technology, TOP STORIES

Emerging Job Roles in AI

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Artificial Intelligence (AI) is revolutionizing industries, creating a plethora of new job roles across healthcare, finance, retail, and more. Let’s explore some of these emerging roles, the essential skills required, and the educational pathways that can lead to a successful AI career. Watch the video: Exploring AI Careers: Emerging Job Roles, Essential Skills, and Educational…

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AI, Business, News, TOP STORIES, TOP VIDEOS, Videos, Videos

Transforming Micro, Small, and Medium-Sized Enterprises with AI

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Artificial Intelligence (AI) is revolutionizing industries globally, and Micro, Small, and Medium-sized Enterprises (MSMEs) are no exception. While large corporations have long leveraged AI to drive innovation and efficiency, MSMEs are increasingly adopting AI to remain competitive and enhance their operations. Here’s a look at how AI can be  applied in MSMEs and the transformative…

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AI, Cyber Security, innovation, Opinion, SMEs, Strategy, Technology

 SMB Cyber Infections Rising Amid Resurgence of Attacks Leveraging Microsoft Excel

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A new Kaspersky report reveals a 5% rise in cyber infections targeting SMBs in Q1 2024, with Microsoft Excel as the primary attack vector. Trojans remain the most prevalent threat, highlighting the need for enhanced cybersecurity measures and employee training to protect these crucial economic entities. A new Kaspersky report highlights a troubling rise in…

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Cyber Security, SMEs, TOP STORIES

India Enterprise and Entrepreneurship Report 2024 Unveiled at ISED’s 36th Foundation Day

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The India Enterprise and Entrepreneurship (E&E) Report 2024 was officially released by Mr. P. Rajeev, Hon’ble Minister for Industries & Law, Government of Kerala, during the 36th Foundation Day celebration of the Institute of Small Enterprises and Development (ISED) at Hotel Abad Plaza, M.G. Road, Cochin, 8 June 2024. The report, prepared jointly by the ISED Centre for Monitoring Enterprise Development in the States (ISED-CMEDS) and the ISED Small Enterprise Observatory (ISED-SEO), offers a comprehensive analysis of the current state and future prospects of small enterprises and entrepreneurship in India.

FEATURED, News, Reports, SMEs

Abu Dhabi launches the unified economic licence  to enhance ease of doing business

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Abu Dhabi, 06 June 2024 — The Abu Dhabi Department of Economic Development (ADDED) in collaboration with the      Abu Dhabi Free Zones Council launched the Unified Economic License in Abu Dhabi, spearheaded by Khalifa Economic Zones Abu Dhabi (KEZAD Group), Abu Dhabi Airports Free Zone (ADAFZ), Masdar City Free Zone, and Creative Media…

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Business, Doing business, Ease of doing business, Entreprenurs, FEATURED, Free Zone, News

‘Avoid Congested Workspaces; Companies Prosper When Community Connections Prioritised,’ Experts Say

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Dubai, UAE, 5 June 2024: The second day of this year’s INDEX, the Middle East’s leading event for interior designers, retailers, and fit-out contractors, saw visitors treated to a slew of engaging panel sessions as thousands of international industry professionals filled Dubai World Trade Centre seeking new business opportunities and insights into the latest topics…

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ISED Unveils India’s Regional Enterprise & Entrepreneurship Report

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The Institute of Small Enterprises and Development (ISED), a premier think-tank dedicated to enterprise and entrepreneurship, is set to release a groundbreaking report on the state of enterprise and entrepreneurship across India’s states and regions.

Business, Entreprenurs, FEATURED, News, Reports, TOP STORIES

Trinasolar Expands Renewable Energy Footprint in MENA with Strategic 110MW Vertex N Module Partnerships

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Trinasolar announces three transformative distributor partnerships, marking a significant expansion in its reach across the Middle East and Africa (MENA). Partnering with Noon for Renewable Energy in Lebanon, Al Takamul Engineering in Palestine, and Golden Sun Solar Solutions in Sudan, Trinasolar is poised to deliver a total of 110MW modules, including the cutting-edge Vertex N…

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Business, News, Reports, Technology

Advancing Climate: Practical Insights on GHG Measurement & Reporting: CIBAFI Wraps Up Successful Annual Meetings and Events in Türkiye

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The General Council for Islamic Banks and Financial Institutions (CIBAFI conducted a two-day technical workshop on ‘Advancing Climate Action in Islamic Finance: Practical Insights on GHG Measurement & Reporting.’ This initiative aligns with the declaration made by the Islamic Finance Infrastructure Organisations at COP28. It highlights CIBAFI’s dedication to promoting sustainability and addressing global climate…

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FEATURED, News, Uncategorised, Updates

DET Launches Inaugural Dubai Sustainability Report

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The Dubai Department of Economy and Tourism (DET) has launched its first ‘Dubai Sustainability Report’ at the Arabian Travel Market, spotlighting the city’s strides and ongoing efforts in sustainability. The report supports the Dubai Economic Agenda (D33), aiming to place Dubai among the top three global cities for business, leisure, and living.

Uncategorised

Davis & Shirtliff Partners with Trina Solar to Boost Solar Power Adoption in East Africa

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Davis & Shirtliff, a leading provider of water and energy solutions in East Africa, has teamed up with Trina Solar, a Tier-I global leader in PV modules and smart energy solutions, to drive solar power adoption in the region. The partnership aims to promote sustainability, energy security, and economic growth through the distribution of innovative solar panels and educational campaigns. With increasing demand and government initiatives, solar energy is transforming East Africa’s energy landscape, offering benefits such as reduced carbon emissions and improved energy access.

FEATURED, News, SMEs, TOP STORIES

Transforming Public Libraries into Creative-Knowledge Enterprise Hubs

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Public libraries, vital in today’s digital era, evolve beyond traditional roles into dynamic hubs for collaboration and innovation. They foster lifelong learning and cultural exchange. They have to evolve as shared workspaces for creators and entrepreneurs, leveraging existing infrastructure to boost economic growth. With India’s extensive network of over 54,000 public libraries, converting them into coworking spaces addresses the challenges of workspace and technology access. By strategically allocating resources and establishing membership models for “shared workspace users”, libraries become catalysts for knowledge-driven entrepreneurship. This transformation empowers enterprising youth and fosters economic prosperity, aligning with global trends in the knowledge and creative economy.

Entreprenurs, Opinion

Book Review: Guide to Bank Branch Management – Enhancing Efficiency and Effectiveness of Bank Branches

Posted on By P Koshy No Comments on Book Review: Guide to Bank Branch Management – Enhancing Efficiency and Effectiveness of Bank Branches Featured

“Guide to Bank Branch Management” is a valuable resource for branch managers and other banking professionals. It is well-written, informative, and practical. I highly recommend it to anyone who wants to learn more about branch management or improve their branch’s performance.

News, Reviews

Staying Resilient: Financial Tips Every Small Business Owner Needs

Posted on By Lisa Walker No Comments on Staying Resilient: Financial Tips Every Small Business Owner Needs Featured

Navigating the financial landscape of a small enterprise is akin to steering a ship through choppy waters. The key to a smooth journey is to build a financial safety net sturdy enough to absorb shocks and surprises. This article breaks down eight critical steps that will help you construct a resilient financial framework for your…

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Business, Entreprenurs, SMEs

Empowering MENA SMEs to Embrace Net-Zero Strategies: COP28 Presidency Unveils Dedicated Program

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In a significant step towards accelerating climate action within the private sector, the COP28 Presidency has joined forces with the SME Climate Hub and We Mean Business Coalition to launch a comprehensive program tailored specifically for small and medium-sized enterprises (SMEs) operating in the Middle East and North Africa (MENA) region. Dubbed COP28 & SME…

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News, SMEs

Game-Changing Partnership to Supercharge SME Growth between Meydan Freezone of UAE and Aramex

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In the dynamic landscape of the United Arab Emirates (UAE), where the economic ecosystem is evolving at an unprecedented pace, one partnership stands out as a transformative force for Small and Medium Enterprises (SMEs). The groundbreaking collaboration between Meydan Free Zone and Aramex,, is set to redefine the relevance and impact of freezones for SMEs…

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Business, Free Trade, Free Zone, News, SMEs

Unlocking Farmer Prosperity: Strategies for Multiplying Income and Strengthening Market Linkages

Posted on By P. KOSHY No Comments on Unlocking Farmer Prosperity: Strategies for Multiplying Income and Strengthening Market Linkages Featured

Enhancing the income of farmer households is crucial for improving their living standards, welfare, providing quality education for their children, reduce agrarian distress and bring parity between income of farmers and those working in non-agricultural professions. A significant growth in farmer income is crucial for Indian farmers, given the detrimental effects of low and fluctuating farm income. To address these challenges, governments have taken various measures. One notable strategy receiving attention is the agenda of doubling farmer income (DFI). The Inter-Ministerial Committee’s recommendations focus on recognizing agriculture as a value-led enterprise(NITI policy paper No.1/2017).

FEATURED, TOP STORIES

Robots, AI and computers cannot replace the real human: The Entrepreneur

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Robots, AI and computers cannot replace the real human: the entrepreneur.
With the growing influence of AI, robotics, and mechanisation, the human role is getting minimised. Mass-scale job-creating industries were already extinguished decades ago. Today, more and more jobs and roles are being affected, as well as the business model and the way production happens and services are delivered.

Entreprenurs, FEATURED, SMEs

How to Buy a Struggling Business and Make It Successful

Posted on By Lisa Walker No Comments on How to Buy a Struggling Business and Make It Successful Featured

Many businesses have been struggling since the start of the pandemic. If you’re thinking about purchasing an existing business, there are a few things you should keep in mind. In this blog post, we will show you how to choose the right business, negotiate a price, set the business up for success, and more.

Business, FEATURED

Indian Exporters See Golden Opportunity to Fill Russia’s Market Gap

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Over 50 leading trade representatives from across India convened at a CAIT national meet, where they unanimously agreed to spearhead efforts to boost exports to Russia. The immediate opportunity in FMCG and processed foods alone is estimated to be worth over $10 billion. When categories like garments, footwear, and pharmaceuticals are factored in, the potential is even greater.

Business, Entreprenurs, News, Reports, Updates

Global greenhouse gas emissions at their highest levels

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In 2010-2019 average annual global greenhouse gas emissions were at their highest levels in human history, but the rate of growth has slowed. Without immediate and deep emissions reductions across all sectors, limiting global warming to 1.5°C is beyond reach. However, there is increasing evidence of climate action, said scientists in the latest Intergovernmental Panel…

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Uncategorised

International Trade Centre launched upgraded Benchmarking Platform

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Newly up-graded platform is more effective in many ways; Qualitative and quantitative data allows for individual and group examination of small enterprises and business support organizations, offering vital research to aid in trade policy formation. The new platform can be accessed at www.ITCBenchmarking.org . The International Trade Centre (ITC) launched an “upgraded Benchmarking Platform”, which…

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Business, SMEs, Trade

Sri Lanka: channelizing human capital for diversification in the knowledge economy

Posted on By P. KOSHY No Comments on Sri Lanka: channelizing human capital for diversification in the knowledge economy Featured

Sri Lanka’s economic crisis has left its population faced with shortages in essential commodities, including life-saving medicines, and basic food items like rice and milk. While any crisis may be turned into an opportunity, for Lanka, this might be a watershed moment in its quest to make a name for itself in the new knowledge…

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Opinion, SMEs

Six technology innovation platforms launched for the development of technologies for globally competitive manufacturing in India

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“Innovation in high-end technology creates wealth for the country” Prakash Javadekar Minister of Heavy Industries and Public Enterprises, Government of India

innovation, News, Technology

IERD- Global SME News Webinar Series: Tapping into the entrepreneurial wave: Opportunities for SMEs

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On September 27, 2020, amidst the ongoing COVID-19 pandemic, the IERD-Global SME News hosted a pivotal webinar titled “Tapping into the Entrepreneurial Wave: Opportunities for Micro, Small, and Medium Enterprises.” The event provided a platform for discussing the drastic impact the pandemic had on non-corporate enterprises, including small businesses, micro, small, and medium-sized manufacturing entities,…

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Business, FEATURED, innovation, Reports, SMEs, Startups, Technology, TOP STORIES, TOP VIDEOS, Videos, Videos

Collaboration Agreement Signed Between Mubadala Energy and Perusahaan Listrik Negara (PLN) to Explore Harnessing Natural Gas Discoveries

Posted on By P. KOSHY No Comments on Collaboration Agreement Signed Between Mubadala Energy and Perusahaan Listrik Negara (PLN) to Explore Harnessing Natural Gas Discoveries

The agreement will assess power generation opportunities from the South Andaman blocks operated by Mubadala Energy, located in the offshore Northern part of North Sumatra, Indonesia. Abu Dhabi, 5th November 2024: Mubadala Energy, the Abu Dhabi headquartered international energy company, and Perusahaan Listrik Negara (PLN), Indonesia’s leading electric power distribution company, have today signed a…

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FEATURED, News, Updates

A Deep Dive into India’s Entrepreneurial Ecosystem and Future Opportunities

Posted on By Svetlana M No Comments on A Deep Dive into India’s Entrepreneurial Ecosystem and Future Opportunities

Unlocking the Power of Small Businesses: Indian Entrepreneurship – Legacy, Ecosystem, Opportunities In Unlocking the Power of Small Businesses: Indian Entrepreneurship – Legacy, Ecosystem, Opportunities, Dr. P. Koshy offers an in-depth exploration of the entrepreneurial landscape in India. Spanning 174 pages, the book delves into the historical roots, present-day dynamics, and future prospects of small…

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Entreprenurs, FEATURED, Reviews, SMEs, TOP STORIES

Forging the Future of Small Businesses: Exploring Innovation, Growth, and Global Opportunities in a Changing Economy

Posted on By Svetlana M No Comments on Forging the Future of Small Businesses: Exploring Innovation, Growth, and Global Opportunities in a Changing Economy

The vibrant city of Katowice, Poland, will be the epicenter of Europe’s small and medium-sized enterprises (SMEs) as it hosts the 14th European Congress of SMEs on October 29-30, 2024. Held at the International Congress Center, this prestigious event will gather business leaders, policymakers, industry experts, and entrepreneurs to discuss trends, challenges, and opportunities shaping…

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Business, FEATURED, Reports, SMEs, Updates

Manufacturing to Marketing Expo 2024: Driving Innovation and Business Growth in India’s Industrial Sector

Posted on By P Koshy No Comments on Manufacturing to Marketing Expo 2024: Driving Innovation and Business Growth in India’s Industrial Sector

The Manufacturing to Marketing Expo 2024, set to take place from November 16th to 18th at the Chennai Trade Centre, Tamil Nadu, is poised to be a landmark event for Micro, Small, and Medium Enterprises (MSMEs). This event offers MSMEs an unparalleled opportunity to showcase their innovations, connect with large corporations, nodal agencies, foreign embassies,…

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Entreprenurs, Manufacturing, News, SMEs

Global Airport Retailing Market to Reach $40.59 Billion by 2027, Driven by Rising Passenger Traffic andDemand for Luxury Goods

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Allied Market Research has released a new report titled “Airport Retailing Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product Type, Airport Size, and DistributionChannel: Global Opportunity Analysis and Industry Forecast, 2021-2027.” The report provides a comprehensive analysis of the global airport retailing market, exploring key trends,growth drivers, challenges, and future opportunitiesshaping the…

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News, Reports, Uncategorised