November 21, 2024
Financial Assets

Beyon Money Business launches digital solutions for companies

Beyon Money Business, a division of the Beyon Group, has launched its suite of digital financial solutions aimed at SMEs and corporates. The new service provides a simpler approach to expense management with prepaid cards, investment opportunities through Flexi Invest, and B2B instant payments. Registered companies can issue digital prepaid corporate cards for their employees,

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Financial Assets

No plans to revive pandemic-era guaranteed loan scheme for SMEs: Hong Kong commerce chief

“The scheme was introduced in Hong Kong during the pandemic when the economy was almost ground to a halt because of the closing of borders. It was a special measure to help SMEs,” Yau told a radio programme. “As the economy gradually recovers, it’s a heavy burden on the government if we maintain a 100

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Financial Assets

Opinion | Pledge for fairer and quicker Hong Kong loan access a needed shot in the arm

Small businesses and home mortgage borrowers are most exposed when high interest rates and falling asset prices combine to exert pressure on cash flow. Timely access to financial relief can make a difference to survival. Within the bounds of prudence, they need lenders to expedite eligible applications for accommodation and reflect temporary business conditions in

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