AGP Executive Report
Last update: 4 hours agoCash Flow: Thailand is moving to cap payment periods at 45 days, a change the country’s SME council says could free up billions of baht in working capital and reduce firms’ reliance on loans. Global Payments: From Nov. 1, Maldivian SMEs will be able to accept US-dollar payments through Bank of Maldives’ gateway, easing a barrier to overseas sales. SME Finance: Malaysia’s Islamic finance sector is expanding its role in business funding; financing to businesses grew 9.7%, while microfinancing to MSMEs rose 13.3%. Public Contracts: Pennsylvania reported a record nearly $1.5 billion in state spending with small, diverse and veteran-owned businesses, up 24% year over year; a new prompt-payment rule also aims to get subcontractors paid faster.
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.