News

Ministry of Industry, Science, Technology & Innovation encourages informal economy workers in Kampong Speu to register in the digital platform

On Monday, H.E. Hem Vandy, Chairman of the Coordinating Committee for Informal Economy Development (CCIED), encouraged informal economy workers in Kampong Speu province to register via the digital portal. He emphasized that their participation is crucial for economic growth and for integrating the informal sector ...

Sum Manet
https://shorturl.at/OS5yX

Govt urges MSMEs to register for access to support programs

The Royal Government through the Ministry of Industry, Technology, Science, and Innovation (MITSI) has encouraged micro, small, and medium-sized enterprises (MSMEs) to formally register with relevant authorities to access the government’s support program.​   ...

Chea Vanyuth
https://www.khmertimeskh.com/501618277/govt-urges-msmes-to-register-for-access-to-support-programs/

Siem Reap tourism vendor loans to be more accessible in 2024

The Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank), loan terms for tourism vendors in Siem Reap Province will be loosened from the beginning of 2024 to encourage more uptake of funds exclusively by Siem Reap-based entities to bolster the sector’s return to ...

James Whitehead
https://www.khmertimeskh.com/501418092/siem-reap-tourism-vendor-loans-to-be-more-accessible-in-2024/

CATA urges SME Bank to support cruise boat businesses

Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...

Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/

SME Bank, Cambodia Cashew Federation sign MoU on affordable financial schemes

The SME Bank of Cambodia and the Cambodia Cashew Federation have signed a Memorandum of Understanding to promote the cashew processing sector and boost the export of Cambodian processed cashew nuts to international markets. ...

Khmer Times Staff
https://www.khmertimeskh.com/501403273/sme-bank-cambodia-cashew-federation-sign-mou-on-affordable-financial-schemes/

Only $54M of SME Bank’s $150M tourism loans taken

Loans worth $54.2 million were approved by state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) for 350 businesses under the Tourism Recovery Co-Financing Scheme (TRCS) as of August 31, 2023. ...

Hin Pisei
https://phnompenhpost.com/business/only-54m-sme-banks-150m-tourism-loans-taken

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