News

MoU provides MSMEs with easier access to finance

Cambodia Chamber of Commerce (CCC) and Credit Guarantee Corporation of Cambodia (CGCC) has signed an agreement to increase access to guaranteed loans for the growth of micro-, small-, and medium-enterprises (MSMEs) in Cambodia. ... ...

CPBANK, ADB partner on small business loan project

Cambodia Post Bank Plc (CPBank) has partnered with the Asian Development Bank (ADB) on a $10 million loan initiative to provide to the Kingdom’s micro-, small- and medium-sized enterprises (MSME) to support their recovery after years of Covid-related disruptions, according to ADB. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/cpbank-adb-partner-small-business-loan-project

$50M ADB loan aims to boost economic diversity

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...

May Kunmakara
https://www.phnompenhpost.com/business/50m-adb-loan-aims-boost-economic-diversity

Cambodia, Singapore vow to ramp up cooperation

Cambodia and Singapore have pledged to step up cooperation to bolster bilateral trade, after registering more than $5.2 billion last year, marking a nearly 50 per cent jump over 2020. ... ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-singapore-vow-ramp-cooperation

ADB okays $40M loan for finance

The Asian Development Bank (ADB), in an effort to support the government, has approved a $40 million policy-based loan to expand access to credit among micro-, small-, and medium-sized enterprises (MSME) and implement reforms to boost financial stability and upgrade financial sector infrastructure amid the ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-okays-40m-loan-finance

E-commerce, digital shift power MSMEs: minister

E-commerce and the ongoing digital transformation have been boosting the productivity and competitiveness of small and micro-, small- and medium-sized enterprises (MSME) in Cambodia, Minister of Commerce Pan Sorasak said last week. ... ...

Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-digital-shift-power-msmes-minister

New digital push for MSMEs

The Ministry of Posts and Telecommunications, Australian Agency for International Development (AusAID), and the UN Development Programme (UNDP) on August 18 launched an open joint effort to build an inclusive digital ecosystem aimed at sparking the development of a robust post-Covid-19 economy. ... ...

Thou Vireak
https://www.phnompenhpost.com/business/new-digital-push-msmes

Japan, Mekong nations stand by Cambodia on Covid-19 recovery plan

Japan and other Mekong countries have expressed support for Cambodia’s initiative to establish a joint working group on the Mekong-Japan Economic Recovery Scenarios, according to a press statement issued by the Ministry of Foreign Affairs and International Cooperation following their latest meeting on August 6.​ ...

Voun Dara
https://www.phnompenhpost.com/business/japan-mekong-nations-stand-cambodia-covid-19-recovery-plan

Event tackles MSME sector’s woes

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. ... ...

Thou Vireak
https://www.phnompenhpost.com/business/event-tackles-msme-sectors-woes

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