Economy and commerce

Small and medium enterprises SME

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

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/

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