Small and medium enterprises SME

The president of the Cambodian Investment Federation on Sunday highlighted the critical role of e-commerce in the local market as the government works to turn the Kingdom into a digital economy. ...

The state-run Small and Medium Enterprise (SME) Bank has been confirmed to bring forward their opening date to earlier this year than previously planned, stated a senior government official yesterday at the Council of Ministers. ...

The government is allocating $50 million to support small and medium-sized enterprises (SMEs) in the agricultural sector. The funds can be accessed in the form of low-interest loans through the state-owned Rural Development Bank (RDB). ...

Tax preferences have been offered to small and medium enterprises (SMEs) as incentives for encouraging informal ones to register and update business information.​ ...

German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) and the Ministry of Industry and Handicrafts met this week to explore ways of facilitating import and export activities for small and medium-sized enterprises (SMEs) as part as the Integration Support Project Asean plus Cambodia ...

The Ministry of Commerce has launched Go4eCam, a pilot project that aims to realise the benefit of e-commerce for the nation’s small and medium-sized enterprises (SMEs), a sector that is currently playing an important role in the country’s economic growth. ...

Micro, small- and medium-sized enterprises (MSMEs) continue to play an important role in supporting the Kingdom’s economic growth, with stakeholder engagement required in tackling certain challenges, Ministry of Industry and Handicraft official Chhea Layhy said on Wednesday. ...

German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) will provide $4.5 million in aid to promote a small- and medium-sized enterprise (SME) development project in four Asean countries, including Cambodia. In Cambodia, Ministry of Industry and Handicrafts undersecretary of state Son Seng Huot ...

The Asian Development Bank (ADB) has approved a $40 million policy-based loan to support poor and rural households and improve their financial access, it said. ...

Small and Medium Enterprises (SMEs) are key factors in the Kingdom’s industrial sector growth, but around 95 per cent of Cambodia’s SMEs have not been properly registered, the Ministry of Industry and Handicraft said on Friday. ...

Informal businesses owned by Chinese nationals are on the rise in central Phnom Penh, especially in Tonle Bassac commune, surrounding Koh Pich. Such businesses have sprung up notably in Central Market, Orussey Market, Sovanna Shopping Mall, Rattana Plaza, as well as Kakab commune across from Phnom ...

To encourage more young people to become entrepreneurs, the government must prioritise improving the process of starting and registering a business, reducing capital requirements, and expanding access to finance, experts said last week. ...

Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...

The Centre for Policy Studies yesterday urged the government to consider reducing tax on some imported agriculture equipment to support farmers and increase the rate of modernisation. CPS director Chan Sophal said during a Cross Talk discussion with Khmer Times yesterday that recently the agriculture ...

Government officials and private sector leaders on Friday reiterated their calls for all small and medium-sized enterprises to join the regulatory fold. Public officials and representatives of employers’ organisations assured business owners that the recently announced tax incentives are not a “trap” and that registering ...

More than 100 local small and medium enterprises (SMEs) were registered during the first three quarters of this year, and officials expect the government’s tax incentive policy for SMEs to boost growth, said a Ministry of Industry and Handicraft report. The SMEs – 105 of ...

The first industrial park for small and medium enterprises in the Kingdom will open this October in Kandal province, just 12 kilometres from the centre of Phnom Penh. The SME Eco Park, referred to also as SME Cluster Zone by the developer, is located on ...

Cambodian entrepreneurs who are members of the Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec), can soon display and sell their products on a new shopping website, thanks to a partnership with London-based Sram & Mram Resources Ltd. ...

In order to bring more businesses into the regulatory fold, the government has promised attractive new incentives for companies that register before December, including a two-year break on tax revenue. ...

The Institute of Standards of Cambodia developed 63 new standards last year, bringing the total number of certifications available from the government to 868, though one industry representative said the system still needed improvement in order to facilitate exports. ...

The Cambodia Securities Exchange (CSX) signed a partnership agreement with a business development company on Monday in an attempt to increase awareness about the country’s stock market among entrepreneurs. ...

Co-working space Impact Hub, in collaboration with the United Nations Development Programme (UNDP), has launched a new Sustainable Development Goal Fellowship intended to assist entrepreneurs in cultivating innovative and sustainable projects. ...

Agriculture Minister Veng Sokhon said he would ask Prime Minister Hun Sen to take action to help farmers compete against neighbouring countries, including further measures to address high electricity costs, as the sector mapped out its challenges for the year at a ministry-led forum in ...

The co-working and co-living space Outpost Cambodia announced details of a startup competition today that will offer a winning company free 24/7 access to a desk for up to six people for six months in its workspace on Phnom Penh’s Chroy Changvar peninsula, four specialised consultations with ...