Minister of Industry, Science, Technology, and Innovation Hem Vanndy said the government is committed to promoting micro, small and medium enterprises (MSMEs) access to finance and motivating informal SMEs to register into the formal economy. ...

Cambodia’s GDP is projected to grow by 7 percent this year even though the global economy remains fragile and high risk due to persisting sovereign debt crisis in Europe and sluggish economic recovery in the United States, a commerce official said Monday. Last Tuesday, the ...

A US-Asean Business Council delegation will visit Phnom Penh on March 19 and 20 to meet with government officials about current or potential investments in the country, American Cambodian Business Council President Bretton Sciaroni said. The meeting comes after a delegation of 11 Fortune 500 ...

The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...

The local WorldBridge Group of Companies and South Korean-owned Luxury Business Group (LBG) entered into a joint venture (JV) to develop professional training in the Cambodian retail industry, with a focus on the luxury segment. ...

Two Cambodian banks have set aside US$200 million for loans to bolster the Kingdom’s struggling rice-milling industry, officials said yesterday. The move comes as the Cambodian government has called on the private sector to boost loans to rice millers during the harvest season as a way ...

Try Pheap, director general of the Try Pheap Group and widely known for his extensive involvement in the kingdom’s timber trade, told a government news outlet yesterday that he has ended his involvement in the logging business and did not burn down a lumber warehouse ...

Twenty leading Cambodian companies are set to participate in the third edition of the Indo-Pacific Business Forum (IPBF) on Wednesday to explore the potential Business and investment opportunities that are available in the region. ...

Cambodia and other Asean member states have discussed the future of the coal mining business for the power sector in the region, according to the Cambodia Ministry of Mines and Energy (MME). The Ministry said the discussion was made at the Asean Coal business Roundtable ...

Cambodian small and medium-sized businesses (SMBs) have recorded lower sales during the pandemic while 39 per cent of them have trimmed down their staff, a Facebook survey found. Among the business owners in Cambodia who responded, the State of Small businesses survey found that 52 per ...

Local agribusiness Davane Plc and non-profit NGO Adventist Development and Relief Agency (ADRA) Cambodia will work together to promote the domestic agri-value chain and safe food market, a joint press release said. ...

The event industry has risen from the ashes, with wedding organisers springing into action as venues reopen at full capacity and chefs ease back into the swing of cooking, reflecting a recovery in macroeconomic activity. ...

Cambodia promotes the establishment of local silk associations such as the Samrong District Silk Association in Takeo Province, the Khmer Handicraft Centre Association in Kampong Thom Province, the Viseth Tevy Silk Sector Development Association, the Women Weaver Silk Support and Development Association, as well as ...

A five-member delegation from Cambodia attended the ASEAN-Pakistan Business Opportunities Conference 2023, which concluded in Lahore, Pakistan, on Friday. ...

Cambodia exported 607,000 tonnes of Raw Cashew Nuts (RCN) to Vietnam in the first eight months of 2023 earning $820 million, a decrease of 15.8 percent compared to the same period last year. ...

Small business loans are dominating banks’ loan balances, with the average borrower in Cambodia lending between $2,800 and $9,600 – a 250 percent increase. ...

On October 20 2022, Techo Startup Center has posted an announcement workshop on Cambodia’s digital economy and business web portal on their official social media site. The primary purpose of the workshop is to disseminate to the public and private sectors information related to essential web ...

At yesterday’s luncheon discussing Cambodia’s startup and SME ecosystem, Vongsey Vissoth, permanent secretary of state of Ministry of Economy and Finance (MEF), said Khmer Enterprise (KE) will increase its investment portion from $5 million to $10 million as part of the nation’s Covid-19 recovery plans ...

Prime Minister Hun Sen describes climate change as the single worst threat humanity faces today, predicting that – contrary to popular belief – the ongoing Russia-Ukraine conflict will end eventually through compromises. ...

More than 170 Cambodian micro-, small- and medium-sized enterprises (MSMEs) have successfully transitioned their businesses online as part of a digital drive to become more resilient in the future, under a UNDP-led programme. ...