Economy and commerce

Small and medium enterprises SME

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

Banks, MFIs urged to support SMEs

Banks and financial institutions are urged to provide more support to small and medium enterprises (SMEs), especially those owned by women, as access to capital remains a major obstacle for their growth. ...

Chea Vannak
http://www.khmertimeskh.com/news/25720/banks--mfis-urged-to-support-smes/

Push to get SMEs listed on CSX

For small and medium sized Cambodian enterprises hoping to list on the local stock market – the Cambodia Securities Exchange (CSX) – there is now an opportunity to realize their dream of seeing their stocks traded. ...

May Kunmakara
http://www.khmertimeskh.com/news/25721/push-to-get-smes-listed-on-csx/

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/

Federation sees opening on digital path

Cambodia’s young, tech-enthusiastic population is a gateway to accessing the global market digitally, according to the ICT Federation of Cambodia, with its president – Steven Path – estimating that the information and communication technology sector is already nearing about $1 billion in sales. ...

Sum Manet
http://www.khmertimeskh.com/news/24307/federation-sees-opening-on-digital-path/

Stronger SMEs ‘needed to draw investors’

Building the capacity for Small and Medium Sized Enterprises (SMEs) is vital to attracting investors from the EU, where there is a strong appetite for putting money into Cambodia, a senior government official said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/23285/stronger-smes----needed-to-draw-investors---/

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

IFC offers Acleda Bank $50M for SME lending

The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/ifc-offers-acleda-bank-50m-sme-lending

Bourse urges small firms to consider listing

In September, the Cambodia Securities Exchange (CSX) an­nounced a new initiative to im­prove access to financing for cash-strapped small and medium-sized enterprises (SMEs). ...

Tej Parikh
https://www.cambodiadaily.com/news/bourse-urges-small-firms-to-consider-listing-108559/

SME federation wants its own SEZ

The Federation of Associations for Small and Medium Enterprises of Cambodia is planning to propose that the government set up special economic zone (SEZ) for small and medium-sized sized enterprises (SMEs) so that they can work in clusters, saying this will enhance their productivity, increase ...

Sok Chan
http://www.khmertimeskh.com/news/21157/sme-federation-wants-its-own-sez/

Price wars to subvert gains made by SMEs

Cambodian entrepreneurs and business leaders on Saturday stressed the challenges for firms in the hospitality and retail sectors that adopt an aggressive pricing policy, suggesting a more value-added approach instead.   ...

Ayanna Runcie
http://www.phnompenhpost.com/business/price-wars-subvert-gains-made-smes

Thitikorn to open two branches in Cambodia

Listed hire-purchase company Thitikorn plans to open two branches in Cambodia next year, after being in the market for one year and finding huge opportunity and high demand for motorcycle lending there, managing director Prathama Phornprapha said yesterday. ...

The Nation News Staff
http://www.nationmultimedia.com/business/Thitikorn-to-open-two-branches-in-Cambodia-30275540.html

Small businesses help Cambodia’s growth, entrepreneur says

In recent years, Cambodia has seen a surging number of small and medium-sized businesses, driven by young entrepreneurs. As of 2011, there are estimated 530,000 SMEs in Cambodia, but many lack access to capital to build strong and innovative businesses.​ ...

Ten Soksreinith
http://www.voacambodia.com/content/small-business-help-cambodia-growth-entrepreneur-says/3105535.html

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/

OPIC plans more investment in Cambodian MFIs

A US government finance institution plans to inject more capital into Cambodia’s businesses, forecasting rapid growth in small business and microfinance institutions around the country. The development finance institution Overseas Private Investment Corporation (OPIC) is looking to invest in Cambodia’s small and medium enterprises (SMEs) ...

Sok Chan
http://www.khmertimeskh.com/news/17866/opic-plans-more-investment-in-cambodian-mfis/

Burger King to expand realm

Having established a foothold in the capital, Burger King is pushing into Cambodia’s provinces and will launch its first branch in Siem Reap next month, a company official said yesterday.In all, the US fast-food giant plans to open four branches outside the capital by the ...

Ayanna Runcie
http://www.phnompenhpost.com/business/burger-king-expand-realm

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/

Tech company looks to expand reach beyond Cambodia

Comprehensive startup models are still small in Cambodia, even though there is growing interest circulating among young entrepreneurs. But one tech startup, Codingate, is ready to make a move to bring Cambodia’s IT service to the next level. ...

Ten Soksreinith
http://www.voacambodia.com/content/tech-company-looks-to-expand-reach-beyond-cambodia/2947073.html

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