AGP Executive Report
Last update: 10 hours agoDisaster Relief for SMBs: The U.S. SBA opened a Disaster Loan Outreach Center in Kihei, Maui (starting June 15) to help storm- and flood-affected businesses and residents apply for disaster loans, with other Hawaii locations still serving survivors. Cross-Border Payments & Growth: Nuvei agreed to buy Payoneer for $2.75B in cash, aiming to combine merchant payments with Payoneer’s freelancer and marketplace payout network—potentially reshaping how SMBs get paid globally. E-commerce Rules Eased: Bangladesh Bank relaxed FX rules so exporters can sell directly to foreign consumers on international online marketplaces, including shipments up to $5,000 per consignment. SMB Credit Pressure: Bangladesh private sector credit growth inched up to 4.98% in May but stayed near record lows, reflecting weak investment and tight lending. Workforce & Tech for SMBs: Intel unveiled “mainstream reimagined” Firefly laptops and new Xeon 6+ and Ethernet gear aimed at SMB AI and data-center needs. Local Business Support: New York certified 20 service-disabled veteran-owned businesses through OGS, expanding growth pathways for SDVOBs. SMB Hiring/Operations Tip: A guide highlights how commercial cleaning firms can scale after landing a first major contract. AI Adoption Gap: A Ghana study finds fewer than 1 in 10 SMEs use AI—though adopters report planning and efficiency gains.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.