Small and medium enterprises SME

SMEs policy and regulation

Small enterprises to receive financial support from ADB, FTB

Realising that 99 percent of Cambodian businesses are micro, small, and medium-sized enterprises (MSMEs), the Foreign Trade Bank of Cambodia (FTB) and the Asian Development Bank’s (ADB) have stepped into to fill the market gaps across the whole country. ...

Nhean Chamrong
https://www.khmertimeskh.com/501437116/small-enterprises-to-receive-financial-support-from-adb-ftb/

New tourism-recovery loans slowing: SME Bank

A total of $53.46 million in loans have been disbursed to 346 tourism-linked businesses through state-owned Small and Medium Enterprise Bank of Cambodia Plc’s (SME Bank) $150 million Tourism Recovery Co-Financing Scheme (TRCS) as of April 30, since the loans began to be offered in ...

May Kunmakara
https://www.phnompenhpost.com/business/new-tourism-recovery-loans-slowing-sme-bank

SME Bank released $53M for tourism business firms

Small and Medium Enterprise Bank of Cambodia Plc. has approved loans to 346 tourism-related firms totalling $53.46M or 35.64 percent of the $150M budget, said a top official of the bank. ...

Nhean Chamrong
https://www.khmertimeskh.com/501288915/sme-bank-released-53m-for-tourism-business-firms/

Cambodia urges initiatives to support SMEs and informal economy

Cambodia Minister of Labour and Vocational Training Ith Samheng has called on more initiatives to improve working conditions for workers in small and medium enterprises and informal economy in ASEAN and ASEAN partner countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501170973/cambodia-urges-initiatives-to-support-smes-and-informal-economy/

CCC workshop tackles export issues for domestic SMEs

The Cambodia Chamber of Commerce (CCC) on July 8 advised owners of local small- and medium-sized enterprises (SME) to understand and follow the legal procedures for export to streamline the process and reduce compliance issues. ...

Hom Phanet
https://www.phnompenhpost.com/business/ccc-workshop-tackles-export-issues-domestic-smes

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/

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

Ministry: New measures to help SMEs

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 ...

Sok Chan
https://www.khmertimeskh.com/50744867/ministry-new-measures-to-help-smes/

‘SME Development Policy’ drafted for approval

A draft development policy for Small and Medium Enterprise (SME) and a new SME definition has been sent to the Ministry of Economy and Finance’s Economic and Financial Policy Committee (EFPC) for review and approval, according to a senior official. ...

Sok Chan
https://www.khmertimeskh.com/50716393/sme-development-policy-drafted-for-approval/

New fund set to enhance SMEs’ access to finance

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). ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-china-fta-expected-november

Industrial development plan to boost economy is ‘90%’ on track​

An ambitous 10-year plan to boost the country’s industrial development is “90 percent” on track and has earned the approval of Prime Minister Hun Sen, government representatives said yesterday.​ ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/industrial-development-plan-boost-economy-90-track

Government hopes decentralisation boosts business registration

To promote the registration of small- and medium-size enterprises (SMEs), the Ministry of Industry and Handicraft will begin early next year to decentralise the process by granting provincial government officials the authority to register businesses. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/government-hopes-decentralisation-boosts-business-registration

Push to promote local products

Supermarket owners are to be called for a meeting with the Commerce Ministry in response to complaints from small and medium sized enterprises (SMEs) that local products are not displayed or sold on their shelves, the commerce minister said yesterday at the launch of a ...

Sok Chan
http://www.khmertimeskh.com/news/25274/push-to-promote-local-products/

Kingdom eyes improved food safety standard

While food safety control services and inspection systems for food products at the Industrial Laboratory Center of Cambodia (ILCC) have showed some improvements, the ILCC still lags behind Asean standards, according to Ministry of Industry and Handicraft secretary of state Sat Samy.   ...

Sok Chan
http://www.khmertimeskh.com/news/25063/kingdom-eyes-improved-food-safety-standard/

Tourism a key revenue generator for SMEs

Cambodia’s small- and medium-sized enterprises (SMEs) earned $1.9 billion in revenue last year from the tourism sector, and could increase this amount further by reducing imports, an industry spokesman said yesterday.   ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-key-revenue-generator-smes

Local SMEs keen to replace Thai, Vietnamese imports

Cambodian businesses are joining forces in an attempt to increase production and reduce the country’s dependence on imports. The Federation of Association for Small and Medium Enterprises of Cambodia, the Ministry of Industry and Handicraft, and the Cambodia Chamber of Commerce plan to encourage small ...

Sok Chan
http://www.khmertimeskh.com/news/18174/local-smes-keen-to-replace-thai--vietnamese-imports/

Tycoon reelected president of two chambers of commerce

Kith Meng, chairman of the Royal Group, was reelected president of the Cambodia Chamber of Commerce yesterday in a landslide vote at its Phnom Penh office. The tycoon, whose interests span television, banking, telecoms and property, was also reelected president of the Phnom Penh Chamber ...

Sok Chan
http://www.khmertimeskh.com/news/18177/tycoon-reelected-president-of-two-chambers-of-commerce/

New bourse rules to lure SMEs

Cambodia’s market regulator has released listing criteria for a new trading platform – with reduced accounting and capital requirements – aimed at making it easier for small- and mid-sized firms to list on the fledgling stock exchange, Sok Dara, deputy director general of the Securities ...

Sor Chandara and Ananth Baliga
http://www.phnompenhpost.com/business/new-bourse-rules-lure-smes

Exchange to add three more firms, open board for SMEs

The Securities and Exchange Commission of Cambodia (SECC) confirmed Friday that three more companies will list on the securities market by the end of this year. They are: Phnom Penh Special Economic Zone, Phnom Penh Autonomous Port and Taiwanese-owned TY Fashion(Cambodia) Ltd. ...

Pav Suy
http://www.khmertimeskh.com/news/15672/exchange-to-add-three-more-firms--open-board-for-smes/

SMEs urged to register at Taxation Department

Cambodia’s small- and medium-size enterprises should formalise their accounts and register with the Taxation Department to avoid the risk of unpredictable tax collection in the future, industry insiders said at a tax seminar in Phnom Penh yesterday.​ ...

Ayanna Runcie
http://www.phnompenhpost.com/business/smes-urged-register-taxation-department

SME board possible this year

Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...

May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year

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