Small and Medium-sized Enterprises (SMEs) are the backbone of economies worldwide, driving innovation, creating jobs, and fostering economic growth. According to the UN, SMEs make up to 90% of businesses and provide 60-70% of jobs globally. Despite their importance, SMEs often encounter various challenges that hinder their ability to thrive in the international market. To deal with […]
Category: Insight
Air’s Data-driven, Insights-Based Supply Chain Finance platform bridges the financing gap SMEs face
Alvin Ho, President of Air8 was invited for an interview at CXOToday.comm about Air8’s data-driven, insights-driven supply chain finance platform. How does Air8 plan to extend its financing solution beyond local borders to address the global challenge of SME financing in emerging economies? SMEs face challenges such as lack of affordable financing, insufficient know-how on […]
Rising Geopolitical Risk Poses a Significant Challenge to Global Trade
In a recent Procurement Roundtable discussion with major global retailers and brands, moderated by Air8, senior procurement executives emphasized that geopolitical risk remains the top challenge to global trade, surpassing all other obstacles faced by professionals in the field. The Red Sea incident and the continual impact of Russia-Ukraine war have resulted in […]