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Twitter pales in comparison to Facebook in terms of advertising, yet it’s still an important platform for SMEs to engage with potential customers and other brands. The sweeping changes introduced since Elon Musk’s takeover mean the blue bird might be singing a different tune. Here are some ways the experience might change for SMEs. Paid profiles and authenticating all humans Before Musk, you had to earn the coveted blue tick that convinced others you were trustworthy. These days you can get the blue tick for $8, meaning consumers and SMEs have to find other ways to earn credibility...

The United Nations will leverage blockchain technology to boost low-income economies through flexible international trade. Initiated as a partnership between the United Nations Regional Commissions (UNRCs) and the United Nations Conference on Trade and Development (UNCTAD), the aim is to promote tradethat is inclusive, fair, and good for small businesses, especially in developing countries. Flexibility and transparency of blockchain As a malleable technology, blockchain is easy to adopt and implement...

Stripe, a platform for company financial infrastructure, issued a report on several years of proprietary data showing that Australian businesses are venturing into new digital export flows, laying the groundwork for future expansion despite lingering economic uncertainties. Based on Stripe transaction data from 2019–2022, the research illustrates how world consumption and market fit determine digital export flows instead of supply-chain paths. Stripe and other services like it are laying the groundwork for growth even as the global economy contracts...

Promoting Housing Market Policy The incentive to attain Turkish citizenship provided by the Turkish government for foreigners to purchase a real estate including a house, a piece of land, or a production plant costing at least $250k in the recent years is a part of the political preference to attract investors’ attention to Turkey. However, this policy has caused an unexpected result for Turkish people: high inflation in the Turkish housing market. The Turkish government has literally invited Arabs and Russian people to purchase houses in Turkiye...

Agents who work in clearing and forwarding (C&F) are pros at juggling multiple responsibilities. They are in charge of collecting bills of lading, bills of entry, buying orders, certificates of origin, sales invoices, and other documents. An effective clearing and forwarding agency oversees the timely and efficient transportation of products from one location to another. This post explains why you want to work with an experienced clearing and forwarding agent. Benefits of Choosing a Custom Clearing...

For the first time in history, global e-commerce sales are expected to fall, following two years of supply chain disruption and rising inflation that was triggered by the Covid-19 pandemic. Recent reports predict that revenues generated by e-commerce in 2022 will fall $95 billion short of sales in 2021. Ongoing inflation across the globe provides the backdrop for reduced consumer spending, and this must be tackled before commerce can bounce back. Post Covid-19 inflation and reduced consumer buying power The risk of inflation had concerned economists for many years...

Two similar countries in the Middle East Turkiye and Jordan are two countries with many similarities where their populations are dominated by Muslims. Therefore, the citizens of the two countries have similar agendas in their lives, and they are aware of the issues in the Middle East region. Jordan is next to Israel and Palestine, and under Syria while Turkiye is above Syria. Both countries' political agenda is quite similar. The armed conflict in Syria directly influences both countries' trade with their neighboring countries...

Meeting new professionals is the best way for SMEs to create and grow leads that can provide a great return on investment. However, businesses must learn how to go about B2B matchmaking to accomplish this. Making the introduction Initial contact can be made informally on social media platforms, although searching and vetting potential partners take time. Glean more information from professional sites like LinkedIn. Your reputation and online presence will also draw businesses to you. Niche marketplaces take it further by grouping people and businesses into categories...

Artificial Intelligence (AI) will change the world over the decade ahead. It is also going to change healthcare. Investors who spot the trends early enough and pick the winners may have a chance to reap extraordinary returns. AI-based vaccine and drug discovery The COVID vaccines were, in part, a success of AI and other technology. Moderna’s vaccine, for example, resulted from an AI-based platform that could find the right sequences quickly. Compared to other non-AI-based methodologies, Moderna was able to come up with a vaccine much faster and start clinical trials...

The emergence of blockchain-based technologies in Africa is a remarkable development. Besides being costly, customary paper-based systems are prone to corruption. A blockchain-based system facilitates the fast completion of transaction processes while ensuring that records are unchangeable. Further, blockchain smart contracts implement conditions automatically, eliminating the possibility of human intervention. This results in reduced costs and enhanced efficiency. With Africa Seeking new methods of improving its infrastructure, blockchain solutions are a key component...

Asia offers an array of opportunities to SMEs looking to realize their potential. Although the Covid-19 pandemic caused economic downturn around the world, Asia remained fairly robust in face of this hardship and now, new opportunities for growth are opening up in this region. Resilience of intra-Asia trade is unshakable Around half of all trade in Asia is accounted for by trade with neighboring countries, known as intra-regional trade, rather than international trade. This tendency to favor trade...

Many companies are considering remote working. A remote work environment is a workplace that is more virtual than physical. Employees can work from any location over the internet. The company may get together occasionally, but it is mainly virtual. There are several advantages to this over a traditional environment. Save money A remote workforce has a direct effect on your bottom line. You can save on several cost centres when you go remote. Cost savings include; A wider pool of talent A business...