Economy and commerce
Small and medium enterprises SME
Local products get ministries’ boost
Four ministries are pushing local producers, particularly small and medium sized enterprises (SMEs), to improve their quality, standards and packaging and to provide proper labels on their products to make them more attractive to supermarkets, restaurants and hotels and to boost recognition of local products ...
Sok Chan
http://www.khmertimeskh.com/5079195/local-products-get-ministries-boost/
SMEs look for help against imports
Local small- and medium-size enterprises (SMEs) met with government officials yesterday and accused them of not doing enough to support domestic products against a flood of imports while multiple officials claimed that they could provide little assistance unless businesses were properly registered. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/smes-look-help-against-imports
Cambodia, Myanmar cooperation
Cambodia and Myanmar have agreed to further enhance trade between the two countries by encouraging investment from small and medium enterprises and exchanging agricultural products, according to the Ministry of Foreign Affairs and International Cooperation. ...
Sum Manet
http://www.khmertimeskh.com/news/40333/cambodia--myanmar-cooperation/
Election boom hits print shops
This week marked the official kickoff of campaigning for the June 4 commune elections, with Cambodians taking to the streets to show support for their favourite party decked out in T-shirts, hats and stickers emblazoned with party logos. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/election-boom-hits-print-shops
SMEs urged to comply with tax changes
The majority of small and medium enterprises are still unaware of how to comply with new tax regulations that came into force at the end of last year, according to an Economy Ministry official. Srun Angkaren, a deputy director in the general department of taxation, said ...
Sok Chan
http://www.khmertimeskh.com/news/38595/smes-urged-to-comply-with-tax-changes/
Swedish aid agency offers funds for SMEs
Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/swedish-aid-agency-offers-funds-smes
Efforts to formalise SMEs fall short
The Cambodian government has made negligible progress in bringing small- and medium-size enterprise (SMEs) into the regulatory fold, reporting a less than 0.5 percent increase in the total number of companies registered in the last five years – a sign business professionals claim shows that ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/efforts-formalise-smes-fall-short
Tax exemption offered to SMEs
A two-year income tax exemption is being offered to small and medium-sized enterprises that register with the Ministry of Economy and Finance before the end of 2018. ...
Chea Vannak
http://www.khmertimeskh.com/news/35749/tax-exemption-offered-to-smes/
Thais seek business opportunities
More than 30 small and medium enterprises (SMEs) from Thailand came to Cambodia this week to explore business prospects and investment opportunities. ...
Sum Manet
http://www.khmertimeskh.com/news/35554/thais-seek-business-opportunities/
Accounting platform seeks funds
The developer of Banhji, a locally developed accounting platform aimed at small- and medium-size enterprises (SMEs), is in talks with investors to secure funding as part of a plan to expand the application beyond Cambodia. Officially launched in October after a four-month beta testing period, ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/accounting-platform-seeks-funds
T-Shop eyeing growth with plan for IPO
T-shop Cambodia, a Phnom-Penh based electronics distributor, is planning an aggressive push into the provinces through company-owned and franchise outlets, and will look to raise capital for expansion by offering shares on the local stock exchange, the company’s CEO said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/t-shop-eyeing-growth-plan-ipo
SMEs urged to register
The country’s Small and Medium Enterprises (SMEs) have been urged to register with the Ministry of Industry by early next year, in order that government policy intended to aid competitiveness can be more effective. ...
Sok Chan
http://www.khmertimeskh.com/news/31365/smes-urged-to-register/
New local products campaign
The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) will launch its “Selling Cambodian Products” campaign throughout the country early next year to boost the sale of local products and reduce imports, the organization’s president said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/30667/new-local-products-campaign/
One province, one SME zone
Next year will be breakout year for Cambodia’s small and medium enterprises (SMEs), with specific zones being organized in each province to promote productivity, quality and regional competitiveness, the president of the SME federation said yesterday. Te Taing Por, president of the Federation of Associations ...
Sok Chan
http://www.khmertimeskh.com/news/30599/one-province--one-sme-zone/
Stock market to boost SMEs
Small and Medium Enterprises (SMEs) may soon be listed on the Cambodian stock exchange, following the signing of a memorandum of understanding (MoU) between the Federation of Associations for Small and Medium Enterprises (FASMEC) and the Securities and Exchange Commission of Cambodia (SECC) on Thursday. ...
Sok Chan
http://www.khmertimeskh.com/news/30295/stock-market-to-boost-smes/
Thais to tackle farm barriers
The Thai Commerce Ministry is looking into existing trade and investment barriers for its “innovative farm products” with Cambodia, Laos, Myanmar and Vietnam, with the long-term goal of removing them, according to the Bangkok Post. ...
Sum Manet
http://www.khmertimeskh.com/news/29750/thais-to-tackle-farm-barriers/
SMEs in anti-graft partnership
The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMAC) has sought support from the anti-corruption organization Transparency International, to prepare it to be a graft-free business entity and help its members to be listed on the Cambodia Stock Exchange (CSX). ...
Chea Vannak
http://www.khmertimeskh.com/news/29307/smes-in-anti-graft-partnership/
Key to cracking Thai consumer market: unique products
Cambodia should seek to enlarge its market share of the Thai consumer market by focusing on the export of unique items, a visiting Thai trade promoter said during a workshop in Phnom Penh yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/key-cracking-thai-consumer-market-unique-products
SMEs: don’t look down on local goods
The Ministry of Commerce and representatives of small and medium enterprises (SMEs) came together on Friday to discuss ways to boost the promotion of made-in-Cambodia goods, both in local and international markets, against a background of local supermarkets discriminating against these local products. Minister of Commerce ...
Sum Manet
http://www.khmertimeskh.com/news/29022/smes--don---t-look-down-on-local-goods/
Rice crackers bound for China
Cambodian rice cracker manufacturer Ly Ly Food Industry Co. Ltd., has begun exporting its products to China, as part of a push to expand beyond Asean markets. ...
Sum Manet
http://www.khmertimeskh.com/news/28557/rice-crackers-bound-for-china/
Japanese investor acquires local MFI
A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-investor-acquires-local-mfi
Thai SEZ eyes Cambodia
The Thai government plans to build a special economic zone (SEZ) worth about $141.6 million in Sa Kaeo, which borders the Kingdom’s Banteay Meanchey and Battambang provinces, to serve SMEs that aim to expand their business into Cambodia, according a Thai media report. ...
Sum Manet
http://www.khmertimeskh.com/news/25858/thai-sez-eyes-cambodia/
Stock exchange ready for SMEs
The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) sees small and medium sized businesses (SMEs) as the engine to drive growth on the local stock market, while the companies already listed have been growing steadily. ...
Sok Chan
http://www.khmertimeskh.com/news/25855/stock-exchange-ready-for-smes/
CAMFEBA launches an ASEAN guidebook
The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/camfeba-launches-asean-guidebook