Small and medium enterprises SME

The Ministry of Labour and Vocational Training has announced a two-month extension to the deadline for applying for the use of foreign workers for next year. Cambodian labour law requires firms employing foreign workers to apply for permits by the end of each November for ...

WorldBridge Industrial Developments Co Ltd on November 27 broke ground on its long-awaited WorldBridge i4.0 SME Cluster zone in Kandal province. ...

Khmer Enterprise (KE) yesterday signed grant agreements with 27 startups and small and medium enterprises (SMEs) for the first and second Khmer Enterprise Assistance Package programme, responding to the challenges and impacts of the COVID-19 pandemic on Cambodian entrepreneurs. ...

The Securities and Exchange Commission of Cambodia (SECC) launched here on Nov. 23 the “Excellence Programme 2” to help small- and medium-sized enterprises prepare for stock market listing. ...

As many small and medium-sized enterprises (SMEs) struggle to stay afloat because of current economic challenges, many entrepreneurs in the kingdom are adapting and taking advantage of opening businesses online and using social media and its technology as a business tool. ...

The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local small and medium enterprises with an objective to increase economic ...

Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...

Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalisation will be key to revitalising Southeast Asian economies devastated by Coronavirus, according to a new report from the Asian Development Bank (ADB). ...

Relevant ministries and private sectors are joining up to form another tool, the  Small and Medium Enterprise Fund “SME fund” to promote local SMEs to help Cambodia overcome economic stagnation during the COVID-19 pandemic. ...

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is seeking to establish small and medium enterprise (SME) parks in each province across the country aiming at promoting local agricultural products processing. ...

To support startups and small businesses across Cambodia, Impact Hub Phnom Penh is launching a new education programme for entrepreneurs with funding from Smart Axiata’s $1 million COVID-19 relief fund. ...

KE, which is part of the Ministry of Economy and Finance, has teamed up with the Cambodia-Australia Agricultural Value Chain programme (CAVAC), devoted to improving the resilience and competitiveness of Cambodia’s agriculture sector. They are  providing funding assistance to qualifying agro-processing small and medium enterprises ...

The first National Entrepreneurship Award 2020 ended last month with a fruitful achievement. Meanwhile, the government is looking to scale up and make the second National Entrepreneurship Award more attractive for next year, according to a senior executive of Khmer Enterprise (KE), an implementation unit ...

The German government has pledged to support Cambodia’s small and medium enterprise (SME) sector to be more competitive, focusing on the agro-industry and food processing. ...

The  $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure.​ ...

Cambodia is moving towards developing non-textile industries with a policy calling for sustainable growth and economic diversification. To ensure progress, the government will continue implementation of the Cambodia Industrial Development Policy 2015-2025, said a press release on the results of a Cabinet meeting chaired by Prime ...

Cambodia is moving to reach its industrial development policy (IDP) goal by 2025 with progress well on track, according to a report. ...

A senior official from the SME Bank of Cambodia said   it has approved around $22 million in loans under the SME Co-Financing Scheme for 175 clients as of Tuesday. ...

The Ministry of Commerce and relevant ministries have officially and collectively signed off the E-Commerce Strategy to bring the sector to a new level. According to Mr Sorasak, the strategy fits well with the on-going context of the Industrial Revolution 4.0 and will further boost ...

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 ...

To solve the current issues faced by small and medium enterprises (SMEs) in the Kingdom, the Ministry of Economy and Finance (MEF) has issued two main measures. Secretary of State at the MEF and Secretary-General of the Committee on Economic and Financial Policy Phan Phalla ...

SHE Investments, a social enterprise to support women micro-small entrepreneurs (MSMEs) is joining as a Cambodian partner for Youth Business International’s Rapid Response Recovery Programme, funded by Google.org, to support women entrepreneurs to build digital literacy skills to enable them to recover and rebuild from ...

The ASEAN Coordinating Committee on Micro, Small and Medium Enterprises and the Asia Foundation has formally announced the Go Digital ASEAN initiative. Supported by a $3.3 million grant from Google, the initiative is designed to equip 200,000 people – of which 60 percent will be ...

Cambodia must boost the development of the domestic tourism, agriculture and small and medium enterprises (SMEs) to restore its economy  post-COVID-19, according to Ky Sereyvath, Director of China Study Center of RAC. ...