{"id":68864,"date":"2020-08-05T12:36:19","date_gmt":"2020-08-05T07:36:19","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=68864"},"modified":"2020-08-05T12:36:20","modified_gmt":"2020-08-05T07:36:20","slug":"need-for-improved-measures-to-support-smes-stressed","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/need-for-improved-measures-to-support-smes-stressed.html","title":{"rendered":"Need for improved measures to support SMEs stressed"},"content":{"rendered":"\n<p>Islamabad: Punjab Board of Investment and Trade (PBIT) Director Projects and Policy Sohail Qadri has suggested that institutes like the Punjab Small Industries Corporation (PSIC) and the Small and Medium Enterprise Development Authority (SMEDA) should join forces to mitigate the economic impact of the coronavirus on Small and Medium Enterprises (SMEs), according to a news source published on August 4.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/scci-seeks-practical-steps-development-small-industries.html\" target=\"_blank\" rel=\"noreferrer noopener\">SCCI seeks practical steps for development of small industries<\/a><\/p>\n\n\n\n<p>Qadri made this proposal while speaking at an online consultative dialogue on \u2018Better business regulation for the SME sector in Punjab Province\u2019 \u2013 organised by Sustainable Development Policy Institute (SDPI).<\/p>\n\n\n\n<p>He informed that PBIT was aiming to create a platform to boost SME\u2019s capacity building services and assist them in the exploration of the global market. He also observed that the needs of SMEs should be prioritised in the relevant policies to encourage more clusters of small-sized businesses.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-asked-provide-easy-loans-small-businesses.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP asked to provide easy loans to small businesses<\/a><\/p>\n\n\n\n<p>SDPI Joint Executive Director Vaqar Ahmed said that it was \u2018need of the hour\u2019 for Securities and Exchange Commission of Pakistan (SECP) to ease laws for <a href=\"https:\/\/www.zameen.com\/news\/smeda-introduces-knowledge-sharing-programme-for-development-of-smes.html\" target=\"_blank\" rel=\"noreferrer noopener\">SMEs <\/a>and startups across the country. He said that the existing laws have no room for idle liquidity in the economy to diversify into investing in innovative firms.<\/p>\n\n\n\n<p>Moreover, Vaqar also revealed that expatriates complain of lack of credible venture capital and policy framework in this regard. He called for SECP to revise existing facilities and regulatory framework, as it is due for an evaluation and upgrade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Punjab Board of Investment and Trade (PBIT) Director Projects and Policy Sohail Qadri has suggested that institutes like the Punjab Small Industries Corporation (PSIC) and the Small and Medium Enterprise Development Authority (SMEDA) should join forces to mitigate the economic impact of the coronavirus on Small and Medium Enterprises (SMEs), according to a news source published on August 4. Read: SCCI seeks practical steps for development of small industries Qadri made this proposal while speaking at an online consultative dialogue on \u2018Better business regulation for the SME sector in Punjab Province\u2019 \u2013 organised by Sustainable Development Policy Institute (SDPI). He informed that PBIT was aiming to create a platform to boost SME\u2019s capacity building services and assist them in the exploration of the global market. He also observed that the needs of SMEs should be prioritised in the relevant policies to encourage more clusters of small-sized businesses. Read: SBP asked to provide easy loans to small businesses SDPI Joint Executive Director Vaqar Ahmed said that it was \u2018need of the hour\u2019 for Securities and Exchange Commission of Pakistan (SECP) to ease laws for SMEs and startups across the country. He said that the existing laws have no room for&hellip;<\/p>\n","protected":false},"author":75,"featured_media":60309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385,15016],"tags":[36331,36329,18264,36332,14404,36333],"persona":[],"class_list":{"0":"post-68864","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"category-new-developments","9":"tag-need-for-improved-measures-to-support-smes-stressed","10":"tag-punjab-board-of-investment-and-trade-pbit","11":"tag-punjab-small-industries-corporation-psic","12":"tag-small-and-medium-enterprise-development-authority-smeda","13":"tag-smes","14":"tag-sustainable-development-policy-institute-sdpi-2","15":"cat-20385-id","16":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Need for improved measures to support SMEs stressed - Zameen News<\/title>\n<meta name=\"description\" content=\"PBIT Director Sohail Qadri has suggested that institutes like PSIC and SMEDA should join forces to mitigate the economic impact of the coronavirus on SMEs\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/need-for-improved-measures-to-support-smes-stressed.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Need for improved measures to support SMEs stressed - Zameen News\" \/>\n<meta property=\"og:description\" content=\"PBIT Director Sohail Qadri has suggested that institutes like PSIC and SMEDA should join forces to mitigate the economic impact of the coronavirus on SMEs\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/need-for-improved-measures-to-support-smes-stressed.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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