Small and medium enterprises SME

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. ...

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.   ...

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. ...

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). ...

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 ...

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.   ...

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. ...

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.​ ...

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 ...

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 ...

The Cambodia Rice Federation (CRF) and the Association for SMEs of Cambodia will jointly hold the fifth Cambodia Rice Forum to discuss the future of the country’s rice industry with major stakeholders. ...

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) ...

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 ...

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 ...

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. ...

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. ...

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.​ ...

The Cambodian Chamber of Commerce launched its “Cambodia Quality Award” yesterday, a prize given to business excellence among small- to medium-size enterprises.​ ...

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. ...

A GOOD media planning strategy is essential for small and medium-sized enterprises from Thailand to break into Cambodia, a marketing guru told a recent seminar. Somphob Ritthikulprasert, executive adviser at ARS Chemical (Thailand), said to tap into Cambodia’s growing consumer market, Thai SMEs should learn how ...

Cambodia’s Anti-Corruption Unit launched a guidebook for businesses last week to create internal systems to prevent corrupt practices, but certain stakeholders say it doesn’t detail how to create these systems or even address systemic or bureaucratic corruption. The new guidebook, which the Anti-Corruption Unit (ACU) created ...

There is a growing demand for palm sugar in the marketplace. But producers are unhappy that they have not been paid fair prices by middlemen. The fair price for a kilo of raw palm sugar varies from US$0.41 to US$0.70. But the producers get much ...

The government is drafting a new food safety law in an effort to better protect consumers, a Health Ministry spokesman Friday. ...

Due to a lack of funding, the Ministry of Industry and Handicrafts has delayed publishing guidelines that are meant to increase clarity on inspection procedures for small and medium enterprises (SMEs). ...