Economy and commerce

Small and medium enterprises SME

DPM Sokhon receives Malaysian SME business delegation

Deputy Prime Minister Prak Sokhon, Minister of Foreign Affairs and International Cooperation, received a Malaysian business delegation, comprising 50 SME sectoral players to visit and participate in a business forum in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501065353/dpm-sokhon-receives-malaysian-sme-business-delegation/

Cambodia launches 1st B2B2C e-commerce platform

Cambodia on Thursday launched the country’s first business-to-business-to-customer (B2B2C) e-commerce platform, aiming to help small and medium-sized enterprises (SMEs) sell their products to potential clients, said Commerce Minister Pan Sorasak. ...

Khmer Times Staff
https://www.khmertimeskh.com/501050763/cambodia-launches-1st-b2b2c-e-commerce-platform/

Country aims to open financing frontiers for women entrepreneurs

Cambodia aims to boost financial inclusion for women entrepreneurs through Credit Guarantee Corporation of Cambodia Plc (CGCC) and support for women-led micro, small- and medium-sized enterprises (MSME) as part of broader efforts to bridge financing gaps for businesswomen and underpin Covid-19 economic recovery plans.   ...

Hom Phanet
https://www.phnompenhpost.com/business/country-aims-open-financing-frontiers-women-entrepreneurs

RCEP set to boost Cambodia exports by 9-18% yearly

The Regional Comprehensive Economic Partnership will boost Cambodia’s export by 9.4 percent to 18 percent yearly, contributing to up to 3 percent annual economic growth. ...

Chea Vanyuth
https://www.khmertimeskh.com/501041189/rcep-set-to-boost-cambodia-exports-by-9-18-yearly/

Cambodia to support SMEs and the agriculture sector

Cambodian government’s special emergency loan scheme worth $100mn to aid SMEs and the agriculture sector in an aim to resuscitate the economy ...

Khmer Times Staff
https://www.khmertimeskh.com/501029437/cambodia-to-support-smes-and-the-agriculture-sector/

Gov’t allocates $100M to prop up SMEs

The Ministry of Economy and Finance on February 14 allocated $100 million to two state-owned banks to provide additional support to small- and medium-sized enterprises (SME), and the agriculture and agro-industry sectors.   ...

Nov Sivutha
https://www.phnompenhpost.com/business/govt-allocates-100m-prop-smes

More $100 million added to support SMEs and agriculture sector

The government has allocated $100 million to support small and medium enterprises, agriculture and agro-industry sector enabling them to make their business recover from the pandemic-stricken period. ...

Chea Vanyuth
https://www.khmertimeskh.com/501025171/more-100-million-added-to-support-smes-and-agriculture-sector/

‘Digital link’ between post, customs launched

Swisscontact, on behalf of the World Trade Organisation’s (WTO) Global Alliance for Trade Facilitation (GATF), on February 8 launched a new e-trade portal project in partnership with two Cambodian government institutions – the General Department of Customs and Excise (GDCE) and Cambodia Post. ...

May Kunmakara
https://www.phnompenhpost.com/business/digital-link-between-post-customs-launched

Ministry of Economy announces $100 million funding increase for SME Bank and Rural Development Bank for Agriculture

The Ministry of Economy and Finance will announce the announcement of additional funding of $100 million for the Cambodian Small and Medium Enterprise Bank and the Agricultural Rural Development Bank  to provide additional support to SMEs, agriculture and agriculture. Industry according to the press release ...

Khmer Times Staff
https://www.khmertimeskh.com/501023375/ministry-of-economy-announces-100-million-funding-increase-for-sme-bank-and-rural-development-bank-for-agriculture/

Government encourages SMEs to join online marketplace

The Ministry of Commerce has called local small and medium enterprises to join an online marketplace where they can display their products for sales, citing that the online marketplace will soon be launched. ...

Chea Vanyuth
https://www.khmertimeskh.com/501018726/government-encourages-smes-to-join-online-marketplace/

Ministry, Swisscontact ink MoU on SME e-commerce

The Ministry of Commerce and Swisscontact, representing the Global Alliance for Trade Facilitation (GATF), are teaming up on a project to make it easier for small- and medium-sized enterprises (SME) to ship and receive small parcels internationally, according to the ministry. ...

May Kunmakara
https://www.phnompenhpost.com/business/ministry-swisscontact-ink-mou-sme-e-commerce

NBC Director General Chea Serey says SMEs play an important role in supporting economic growth and improving people’s livelihoods

Ms. Chea Serey, Director General of the National Bank of Cambodia, has highlighted  the importance of small and medium enterprises (SMEs) that have contributed significantly to supporting the national economic growth and helping the livelihood of people living in rural areas. ...

Khmer Times Staff
https://www.khmertimeskh.com/50993730/nbc-director-general-chea-serey-says-smes-play-an-important-role-in-supporting-economic-growth-and-improving-peoples-livelihoods/

Khmer Enterprise and CMA enter into partnership to boosting access to financial service for SMEs

Khmer Enterprise (KE), a unit under the Ministry of Economy and Finance and the Cambodia Microfinance Association has entered into a cooperation agreement on promoting  access to finance for entrepreneurs and SMEs in the ecosystem of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/50979560/khmer-enterprise-and-cma-enter-into-partnership-to-boosting-access-to-financial-service-for-smes/

ADB approves $40 million to help small companies get loans

The Asian Development Bank (ADB) has approved a $40 million loan to help Cambodia’s micro, small, and medium-sized enterprises (MSMEs) get easier access to credit. The money will also support government efforts to bring in reforms to boost financial stability and upgrade the financial sector ...

Michael Firn
https://www.khmertimeskh.com/50954353/adb-approves-40-million-to-help-small-companies-get-loans/

Tax changes are part of efforts to maintain govt revenue, experts say

The government is putting more pressure on Cambodia’s small and medium-sized enterprises (SMEs) to register with the Commerce Ministry and the Tax Department. It wants them to go legitimate in order to protect consumers and make sure it doesn’t miss out on revenue. ...

Michael Firn
https://www.khmertimeskh.com/50936037/tax-changes-are-part-of-efforts-to-maintain-govt-revenue-experts-say/

Cambodia urges Asean Plus Three to focus on 4 priority areas

Four priority areas of cooperation, namely public health security, micro, small and medium enterprises (MSME) capacity building, climate-change resilient agricultural production, and sustainable energy have been emphasised by Cambodia’s top diplomat.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50908905/cambodia-urges-asean-plus-three-to-focus-on-4-priority-areas/

Single Portal enters second year

More than 6,000 businesses with over $2.6 billion in capital have been registered with the government’s online Business Registration Platform in just one year since its launch, according to the Ministry of Economy and Finance. ...

Thou Vireak
https://www.phnompenhpost.com/business/single-portal-enters-second-year

Draft Law on SMEs finished, en route to industry minister

The Ministry of Industry, Science, Technology and Innovation plans to submit a Draft Law on Small and Medium Enterprises to the Ministry of Economy and Finance soon for further review and input, after a technical working group completed the document. ...

Thou Vireak
https://www.phnompenhpost.com/business/draft-law-smes-finished-en-route-industry-minister

KE, UNDP to provide SMEs a digital boost

Khmer Enterprise (KE) and the UN Development Programme (UNDP) have formed a strategic partnership to give a boost to the operational development of the Kingdom’s e-commerce sector and small and medium-sized enterprises (SME), according to a May 11 joint press release. ...

Thou Vireak
https://www.phnompenhpost.com/business/ke-undp-provide-smes-digital-boost

WorldBridge’s SME cluster zone delayed

Construction of WorldBridge Industrial Developments Co Ltd’s $30 million WorldBridge i4.0 SME Cluster zone will be delayed by one or two months due to the recent lockdown in Phnom Penh and Kandal province’s Takmao town, chairman Sear Rithy told The Post. ...

Thou Vireak
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-delayed

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